Central Bancompany (CBC) said Monday that it has filed a registration statement with the US Securities and Exchange Commission for an initial public offering of its class A common stock.

The company said that the size and pricing of the proposed offering have not yet been decided.

Central Bancompany said it has applied to list on the Nasdaq Global Select Market under the "CBC" ticker.

The company said its board has approved a 50-for-1 stock split in the form of a dividend in connection with the IPO. Shares will be distributed on Oct. 24 to stockholders as of Oct. 20, it added.