OREANDA-NEWS. September 23, 2010. Asaka state joint-stock commercial bank is actively working on provision of financial recovery of financially insolvent enterprises and promotes their technical and technological modernization.

Asaka bank has established 12 branch companies so far with aggregate charter fund of 44.3 billion soums on the basis of the property of 14 bankrupt enterprises.

To support production activity at newly established companies the bank provided guarantees worth over USD 7 million.

On the results of eight months of 2010 these enterprises produced goods worth over 19 million soums and exported goods worth USD7.8 million.