OREANDA-NEWS. January 19, 2009. National commission on realization of property of insolvent enterprises to commercial banks held a session.

The meeting was held for implementation of the decree of the Uzbek President from 18 November 2008 "On measures for further improving financial sustainability of enterprises of real sector of economy" and order from 19 November "On approval of order on realization of insolvent enterprises to commercial banks".

In line with the order of the commission, 20 bankrupt enterprises were handed over to balance of the banks and the bank started to rehabilitate production and financial rehabilitation.

Transfer process of other 12 enterprises was discussed and the commission approved schedule for transfer of 8 enterprises to balance of the commercial banks.

Working group of the commission and expert group considered current affairs at 35 bankrupt enterprises and 12 enterprises were included to the list of enterprises, which will be put for auction.