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The aim is to analyze corporate governance and capital structure changes in Uzbek banks during economic reforms.

March 14, 2026Open Access

Corporate Governance and Capital Structure Analysis of JSCB "Uzbek Industrial and Construction Bank" in the Context of Economic Reforms in Uzbekistan

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The aim is to analyze corporate governance and capital structure changes in Uzbek banks during economic reforms.
Examined institutional transformation of joint-stock companies in Uzbekistan
Analyzed bank’s authorized capital dynamics from 2021 to 2025 in national and USD equivalents
Investigated the structure of shareholders and ownership concentration
Bank's authorized capital remains stable despite exchange rate fluctuations
Financial sustainability of JSCB ‘Uzbek Industrial and Construction Bank’ confirmed
Highlights need for improved governance practices and increased private participation

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Analysis finds stable capital levels in Uzbekistan's banking sector, suggesting improved governance and investment potential.

Tillashayxov Muhammadrizo Muxiddin ugli (2026) studied this question.

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