The privatization of the JSC “Asakabank” will be accelerated

A Presidential Resolution “On additional measures to accelerate the privatization of the joint-stock company ‘Asakabank’” (No. PZ–149 dated April 20, 2026) has been adopted, the press service of the Ministry of Justice reports.

According to the resolution, all banking operations will be carried out based on the bank’s internal policies, in line with market (commercial) principles, modern banking practices, and risk management system requirements.

All types of activities and tasks not related to the bank’s core operations and previously assigned additionally will be discontinued.

Furthermore, based on the results of asset quality analysis, the difference arising from aligning the nominal value of the bank’s shares with their market value will be included in its additional capital.