It is registered
Ministry of Justice
Republic of Uzbekistan
On February 11, 1999 No. 632
Approved by Board of the Central bank of the Republic of Uzbekistan of November 9, 1998 (Protocol 19/7), No. 242
This Procedure is developed according to the Laws "About the Central Bank of the Republic of Uzbekistan", "About Banks and Banking Activity", "About Financial Accounting" and establishes criteria of classification of assets, procedure for forming and use of the reserves created by commercial banks for covering of possible and these losses on assets.
1.1. The reporting of banks shall represent reliable picture of quality of assets.
1.2. Unauthenticity of the reporting is estimated as attempt to mislead investors, creditors and shareholders of bank, and also the Central bank and other concerned parties. Similar activities belong to unsafe and unhealthy banking practice.
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The document ceased to be valid since October 21, 2015 according to Item 1 of the Resolution of Board of the Central bank of the Republic of Uzbekistan of June 13, 2015 No. 14/6 "About recognition voided the Procedure for classification of quality of assets, forming and use of the reserves created by commercial banks on covering of possible losses on them, and also changes and amendments to it"