JSC “APEX BANK” Increases Its Authorized Capital to 600 Billion UZS JSC “APEX BANK” has increased its authorized capital to 600 billion Uzbek soums, marking a significant milestone in the bank’s development and strengthening its position in Uzbekistan’s financial market.

As of December 26, 2024, the bank’s authorized capital amounted to 500 billion UZS, fully meeting the requirements of the Central Bank of the Republic of Uzbekistan regarding the minimum authorized capital. The decision to increase the capital by 100 billion UZS reflects the bank’s strategic course toward further growth, enhancing financial stability, and expanding the range of services provided.

The authorized capital is a key element of any commercial bank’s financial structure. It performs a guarantee function, demonstrating the reliability, stability, and ability of the credit institution to fulfill its obligations to clients, partners, and regulatory authorities.

The increase in authorized capital opens up new opportunities for JSC “APEX BANK” to attract major corporate clients, participate in large-scale investment projects, and introduce innovative banking products and technologies. This decision strengthens customer and partner confidence, providing additional guarantees of stability and security for financial operations.

Chairman of the Management Board of JSC “APEX BANK”, Mr. Sergey Gimadiyev Abdulkhayevich, noted:

“The increase in authorized capital is an important step in implementing our sustainable growth strategy. It not only strengthens the bank’s financial base but also expands our ability to support clients, businesses, and the country’s economy.
We are actively developing our service infrastructure: the number of ATMs in the city has reached 400, making our services even more accessible to the public.
We are confident that strengthening our capital and expanding our service network will form the foundation for further growth, innovation, and improved customer service.”

The management of JSC “APEX BANK” emphasizes that the increase in authorized capital is not only a sign of financial strength but also a confirmation of the bank’s strategic commitment to remain a reliable partner for its clients and to contribute to the development of Uzbekistan’s financial system.