Аннотация
В статье на основе данных за 2020–2025 годы проанализированы эмиссионные операции коммерческих банков Узбекистана на примере Aloqabank, Ipak Yo‘li banki, Turonbank, Poytaxt bank и Xalq banki. Кроме того, на основе открытых источников рассмотрены эмиссии облигаций и акций на международных и внутренних рынках National Bank, Sanoatqurilishbank, Ipoteka-bank и других банков.
Библиографические ссылки
1. O‘zbekiston Respublikasining “Banklar va bank faoliyati to‘g‘risida”gi Qonuni. 05.11.2019, O‘RQ-580-son. — lex.uz/docs/-4581969
2. O‘zbekiston Respublikasining “Qimmatli qog‘ozlar bozori to‘g‘risida”gi Qonuni. 03.06.2015, O‘RQ-387-son. — lex.uz/docs/-2662539
3. O‘zbekiston Respublikasining “Aksiyadorlik jamiyatlari va aksiyadorlarning huquqlarini himoya qilish to‘g‘risida”gi Qonuni. 06.05.2014, O‘RQ-370-son. — lex.uz/docs/-2382409
4. O‘zbekiston Respublikasining 19.04.2023 yildagi O‘RQ-831-son Qonuni. — lex.uz/docs/-6437258
5. O‘zbekiston Respublikasi Prezidentining 12.05.2020 yildagi PF-5992-son Farmoni. — lex.uz/docs/-4811025
6. O‘zbekiston Respublikasi Prezidentining 11.09.2023 yildagi PF-158-son Farmoni. — lex.uz/docs/-6600413
7. O‘zbekiston Respublikasi Markaziy banki Boshqaruvining “Banklar kapitalining monandligiga qo‘yiladigan talablar to‘g‘risida”gi nizomi. 28.10.2025, 3697-son. — lex.uz/docs/7793613
8. Modigliani F., Miller M.H. The Cost of Capital, Corporation Finance and the Theory of Investment // American Economic Review. — 1958. — Vol. 48, No. 3. — P. 261–297.
9. Myers S.C., Majluf N.S. Corporate financing and investment decisions when firms have information that investors do not have // Journal of Financial Economics. — 1984. — Vol. 13, No. 2. — P. 187–221.
10. Gropp R., Heider F. The Determinants of Bank Capital Structure // Review of Finance. — 2010. — Vol. 14, No. 4. — P. 587–622.
11. Berger A.N., Bouwman C.H.S. How does capital affect bank performance during financial crises? // Journal of Financial Economics. — 2013. — Vol. 109, No. 1. — P. 146–176.
12. Admati A., Hellwig M. The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It. — Princeton: Princeton University Press, 2013.
13. Basel Committee on Banking Supervision. Basel III: A global regulatory framework for more resilient banks and banking systems. — Basel: BIS, 2010 (rev. June 2011).
14. Mishkin F.S., Eakins S.G. Financial Markets and Institutions. 9th ed. — Boston: Pearson, 2018.
15. Sultanov M. Uzbek commercial banks activity as institutional investors // Sciences of Europe. — 2023. — No. 122. — P. 8–12. — DOI: 10.5281/zenodo.8213832.
16. Begaliyev A. Tijorat banklarining qimmatli qog‘ozlar bozoridagi investitsiya faoliyatini rivojlantirish // Fundamental tadqiqotlar jurnali. — 2024. — 2(5). — B. 4–12. — DOI: 10.5281/zenodo.14036801.
17. Mamadiyarov Z., Maxmudova M., Kurbonbekova M. Bank ishi. 1-jild. Darslik. — Toshkent: Innovatsion rivojlanish nashriyot-matbaa uyi, 2021.
18. O‘zbekiston Respublikasi Markaziy banki. Bank tizimi statistikasi: tijorat banklarining umumlashgan balansi (2020–2025). — cbu.uz
19. Aloqabank, Ipak Yo‘li banki, Turonbank, Poytaxt bank, Xalq banki: 2020–2025-yillar yillik moliyaviy hisobotlari. — aloqabank.uz; ipakyulibank.uz; turonbank.uz; poytaxtbank.uz; xb.uz
20. Aloqabank. Aksiyalar va qimmatli qog‘ozlar emissiyasi. — aloqabank.uz/uz/shareholders/bank-shares/issuance/
21. O‘zbekistondagi banklar ustav kapitalining eng kam miqdori bosqichma-bosqich oshiriladi // Gazeta.uz. — 20.04.2023. — gazeta.uz/oz/2023/04/20/bank/
22. Markaziy bank ustav kapitalini oshirmagan 2 ta bankning aktiv operatsiyalarini chekladi // Spot.uz. — 22.01.2025. — spot.uz/oz/2025/01/22/banks-limitations/

Это произведение доступно по лицензии Creative Commons «Attribution» («Атрибуция») 4.0 Всемирная.
Copyright (c) 2026 Tillayev, X.S. (Muallif)