Module 01
Rescoring
Loan-level book in. Every facility flagged Stage 1 / 2 / 3 with the IFRS criterion that triggered it — including restructured loans still marked performing.
State-owned banks · Uzbekistan
See the hidden bad debt first.Then fix it.
IFRS Stage 3 rescoring and recovery recommendations for the loans that look performing — and never will.
Portfolio1,240 loans
LoanOfficialAletheia
- UZ-1084PerformingStage 3
- UZ-2210SubstandardStage 3
- UZ-3301PerformingStage 2
- UZ-4412StandardStage 1
- UZ-5509PerformingStage 3
- UZ-6621WatchStage 3
Hidden Stage 3187 loans
3.7%
Official NPL ratio
CBU, June 2026
~7.4%
IFRS Stage 3, est.
About twice the official figure
7.1 → 18.7
Ipoteka Stage 3
After privatization diligence
Two engines. Rescore the book, then recover.
Module 02
Recovery
For each Stage 3 loan: an action, an expected recovery value, and a rationale a case officer can use. Restructure, settle, enforce, refer, or write off.
One bank. One sector book. The first honest Stage 3 report.
We are piloting with a single state-owned bank during incubation. If that is you, write.