Asaka Bank to be privatized - Tashkent Times

It is planned to complete the transformation of the Uzbek banking system and to bring the share of private banks to 60% of total banking assets before 2026.

According to the draft Roadmap for the implementation of the Development Strategy for 2022-2026 in 2022, it is planned to develop and approve a program of transformation and privatization of Asaka Bank with the involvement of foreign experts.

Also, Roadmaps will be developed and approved for holding IPOs for Xalq Bank, Qishloqqurilishbank, Mikrokreditbank, Agrobank, NBU through the stock exchange until 2023.

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