DUSHANBE, March 31, Asia-Plus -- Open joint-stock company “AgroInvestBonk” has announced a 6 million Somonis increase in its joint-stock capital.  

Jalil Tavakkalov, head of the loans and assets department within “AgroInvestBonk”, told Asia-Plus this today.

According to him, during a general meeting of shareholders of the bank it was noted that the bank’s joint-stock capital had increased by 6 million Somonis and reached 27 million Somonis in total. 

The meeting was held to sum up the results of work carried by “AgroInvestBonk” in 2005.  The meeting also endorsed financial prognosis, loan and registration policy for 2006.  

Besides, the shareholders were offered a project aimed at further reconstruction of the bank management system.   

According to Mr. Tavakkalov, the bank practically made shift to corporate system of management.  “Now all important decisions at the bank will be made collectively by the bank employees jointly with shareholders,” said Jalil Tavakkalov, “This will complicate acceptance of employees for job; now persons will be selected for any job competitively.”  “AgroInvestBonk” has been moving towards the corporate management, which is the most advanced system of management of bank, for year, the bank official said.