Being one of the active participants of the securities market in Uzbekistan, Turonbank actively operates in the primary market by offering for sale 25% of each issue of shares to wide circles of the Republican investors to attract free assets of the population. Turonbank also actively works in the secondary market by selling both shares of various investors and Turonbank’s shares offered by its shareholders for sales in the secondary market.

In 2010, the 12-th issue of shares was registered in the amount of 5.6 billion Soum, of which 4.6 billion Soum have been already placed. As for 1 January 2011, the equity capital of the bank made up 22.9 billion Soum. This issue envisaged the privileged right for currently registered shareholders of the Bank; it also attracted new investors to the Bank and proved interestedness of country’s participants of the stock market in Bank’s shares.

Securities portfolio of the Bank is continuously analyzed and updated, annually growing by the amount of profitable and highly liquefiable securities of the prospering companies. Thus, during 2010, stock portfolio of the Bank increased by 12.5 billion Soum. Return on the investments in Turonbank’s shares made up 1 534 million Soum that is by 1176.9 million Soum higher than in 2009.

Advantages of bonds issue

Turonbank retains the priority of the securities market among other segments of the financial market. The Bank is continuously expanding the range of provided bank services, and by meeting client’s needs, the Bank also contributes to the development of the domestic stock market.
By effectively raising free monetary assets of the clients and placing them in the bonds, the Bank enhances the interest to its activity among both clients and partners. The accumulated experience and new ideas make up the main components of our success.

Currently, issue of bonds is a new source of raising financing for the Bank and assists the formation of the positive image of the Bank.