INTERNATIONAL PRACTICES IN THE VALUATION OF MOVABLE ASSETS FOR LOAN COLLATERAL PURPOSES
DOI:
https://doi.org/10.5281/zenodo.21400295Keywords:
movable assets, collateral valuation, secured lending, commercial banks, loan-to-value, valuation standards, Electronic Collateral RegistryAbstract
The valuation of movable assets has become an essential element of secured lending
systems, particularly in improving access to finance for businesses with limited immovable property. This
study examines the legal, institutional, and practical aspects of movable asset valuation for loan collateral
purposes in Uzbekistan. The paper analyzes the existing legislative framework, institutional arrangements,
valuation procedures, accepted categories of collateral, valuation methodologies, loan-to-value (LTV) practices,
revaluation procedures, current challenges, and recent reforms. Furthermore, the study evaluates the role of
commercial banks, licensed valuation organizations, and the Electronic Collateral Registry in ensuring effective
collateral management. Based on international valuation principles and current practices in Uzbekistan, the
paper identifies key challenges and proposes recommendations for improving transparency, valuation accuracy,
and credit risk management. The findings contribute to strengthening secured lending practices and promoting
the sustainable development of the country’s financial sector.
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