The sale of properties transferred to banks' balance sheets in lieu of debt will be accelerated

Uzbekistan

Presidential Decree No. PQ-142 "On measures to accelerate the sale of properties transferred to banks' balance sheets in lieu of debt" has been adopted.

The sale of properties transferred to banks' balance sheets in lieu of debt will be accelerated
According to the decree, starting from May 1, 2025, banks with 50% or more state ownership and their affiliated investment companies are allowed to directly sell properties received on their balance sheets in lieu of debt repayment at market value without holding an auction. This includes sales through credit agreements, installment plans, leasing contracts, or other transactions not prohibited by law.

Commercial banks are granted the right to restore suspended production (or service) activities based on buildings, facilities, technological equipment, and other assets accepted as debt repayment. These restored enterprises can then be sold as ready-made businesses to potential investors through the banks' investment companies.

Starting from September 1, 2025, the maximum value of a claim eligible for simplified legal proceedings will be increased to 150 times the BCU (Basic Calculation Unit) for legal entities, 100 times for individual entrepreneurs, and 50 times for individuals.

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