Ayil Bank to increase its authorized capital by 60 billion KGS

The sole shareholder of Ayil Bank has decided to increase the bank's authorized capital by 60 billion KGS. The decision was made on March 3 at an extraordinary general meeting of shareholders.

According to the bank's materials, the capital increase will be carried out through an additional issue of shares worth 60 billion KGS.

The shareholder also approved a new version of Ayil Bank's charter and decided to re-register the bank with the judicial authorities.

In addition, there have been changes in the composition of the bank's executive body. By a decision of the board of directors on March 3, Chingyz Mendekeev was appointed managing director and member of the board.