«Swiss Capital International Group AG» (Switzerland) Investment Company is in process of negotiations to acquire 20% shares of JSCB «InFinBank» (Uzbekistan)
According with the Decree of the President of the Republic of Uzbekistan # PP-2454 dated 12.21.2015 "On additional measures to attract foreign investors in joint-stock companies" it was introduced the new order. By new rules, all joint stock companies in the Republic of Uzbekistan must have not less than 15 percent of the share in the authorized capital owned by foreign investor.
Investment Company «Swiss Capital International Group AG» (Switzerland) is interested in acquiring 20% of the shares of JSCB «InFinBank» (Uzbekistan).
In May 2016, the Investment Company «Swiss Capital International Group AG» (Switzerland) has provided a complete package of documents for obtaining prior authorization from the Central Bank of the Republic of Uzbekistan for the acquisition of 20% shares of JSCB «InFinBank».
JSCB «InFinBank» (Uzbekistan) has the following Moody’s Ratings:
| Category | Moody’s Rating |
| Outlook | Stable |
| Bank Deposits | B3/NP |
| Baseline Credit | b3 |
|
Adjusted Baseline Credit Assessment |
b3 |
| Counterparty Risk Assessment | B2(cr)NP(cr) |
