IMPROVEMENT OF THE COMMERCIAL BANK PRIVATIZATION PROCESS IN THE REPUBLIC OF UZBEKISTAN

Djumaniyazov , Islam

Яшил иқтисодиёт ва тараққиёт · 2026-yil

Annotatsiya

This study examines the role of commercial bank development and privatization in strengthening capitalmarket growth and financial system efficiency, with particular emphasis on the Republic of Uzbekistan. The researchanalyzes cross-country data for the period 2015–2022 to identify the relationship between banking sector depth andcapital market indicators such as market capitalization, IPO activity, and corporate bond issuance. The findings confirma positive correlation between banking sector development and capital market expansion. The study also highlightsinstitutional, regulatory, and structural factors affecting the privatization process in Uzbekistan. Based on empiricalevidence, policy recommendations are proposed to enhance regulatory frameworks, improve corporate governance,promote digital financial services, and attract strategic investors in order to strengthen financial system sustainability andmarket integration.

Maqola ma’lumotlari
MualliflarDjumaniyazov , Islam
JurnalЯшил иқтисодиёт ва тараққиёт
Nashr sanasi2026-01-01
Jild4
Son1
TilIngliz
DOI10.5281/zenodo.18486155

Kalit so‘zlar

Commercial bank privatization, capital market development, banking sector reform, financial intermediation, institutional reform, financial system integration, Uzbekistan, economic development

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