Report title: HAMKOR BANK, Company Report, Joint-Stock Commercial Bank
from Ansher Capital
3 page report published Mar 11, 2009

Price $300.00 available for immediate download
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About Ansher Capital

Hamkorbank is one of the largest privately owned banks in Uzbekistan and focuses on micro and small business lending. The bank received Fitch’s Ratings, with long-term issuer default rating at 'B-' with stable outlook and short-term at 'B', Individual 'D/E'.EBRD is planning to acquire 25% stake of Hamkor bank by the end of 2008. The price per share is expected to hang around US$0.29 at the end of the year. This small price increase will be result of additional share inflows, however, the upside for stock price is 36% due to steady performance of the bank and and potential purchase of 25% equity by EBRD.

Source: Ansher Capital LLC
Author: Ilhom Isomitdinov
Document ID: BANK005
Country: Uzbekistan
Ticker: HAMKOR BANK,
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