“Bai-Tushum” listed its shares on the exchange's primary market for hundreds of millions of KGS

On March 12, the Kyrgyz Stock Exchange (BTS) recorded a series of transactions involving common shares of OJSC “Bank “Bai-Tushum.” According to trading data, the transactions took place on the primary market in connection with an increase in the bank’s authorized capital.

The offering price was 100 KGS per share. During the trading session, several transactions of varying sizes were concluded—ranging from single shares to large blocks.

The largest transactions included the sale of:

• 3.33 million shares for 332.9 million KGS;
• 2.75 million shares for 274.7 million KGS;
• 357,600 shares for 35.8 million KGS.

Dozens of smaller transactions were also concluded, indicating a broad distribution of shares among investors. A total of 6,559,839 shares were sold for 655.98 million KGS.

It should be noted that the bank’s activity in the primary market is linked to the previously announced decision to increase its authorized capital using retained earnings from previous years. As part of this process, the financial institution plans to issue over 6.5 million new shares and bring its capital to 1.46 billion KGS.

The capital increase is taking place against the backdrop of stricter requirements from the National Bank of Kyrgyzstan. According to the new regulations, the authorized capital of commercial banks must be at least 1 billion KGS as of July 1.