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Finance 13/01/2012 NBU invests 116.2 bn soums to bankrupt enterprises
NBU invests 116.2 bn soums to bankrupt enterprises
Tashkent, Uzbekistan (UzDaily.com) -- National Bank of Uzbekistan for Foreign Economic Activity (NBU) is participating in process of rehabilitation of insolvent enterprises due to long-term sources of crediting.

As of 1 January 2012, the bank directed 116.2 billion soums to rehabilitation of production, modernization of enterprises and increasing turnover funds of the bankrupt enterprises.

Rustam Raimjanov, Deputy Director of Department of monitoring and coordinating investment activity of NBU, said that the bank received 66 insolvent enterprises to the balance.

UzA reported that as of 1 January 2012, 28 enterprises were realized to new owners, and 36 enterprises rehabilitated production activities and two are under modernization.

The report said that the NBU developed business plans on rehabilitation and modernization of all enterprises, accepted to banks. The production was rehabilitated at 47 enterprises, which produced goods for 276.8 billion soums and exported products for US$69.5 million. In 2011, they manufactures products for 139.4 billion soums and exported goods for US$27 million.

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