TASHKENT, Uzbekistan, May 5. Uzbekistan is set
to establish a new mechanism to mobilize large inactive assets held
on commercial banks’ balance sheets and integrate them into the
national economy, Trend reports via the press service of the Uzbek
President.
The initiative was discussed during a meeting chaired by
President Shavkat Mirziyoyev, focused on enhancing the efficiency
of industrial enterprises and financial assets.
Currently, commercial banks hold 70 assets, each exceeding 10
billion soums in value, which remain underutilized in the economy.
This has prompted the development of a dedicated framework to
optimize their use.
Under the proposed mechanism, these assets will be offered to
qualified investors and repurposed for production, with the
objective of improving economic efficiency and expanding
Uzbekistan’s industrial capacity.
