DEVELOPMENT OF CORPORATE LENDING IN THE BANKING SECTOR OF UZBEKISTAN

Abstract

 This article examines the current state, structural dynamics, and strategic development vectors of corporate lending within the banking sector of the Republic of Uzbekistan. Amidst wide-ranging economic transformations, privatization initiatives, and financial liberalization policies, corporate credit serves as a primary engine for industrial modernization, infrastructural development, and private sector expansion. Utilizing statistical data from the Central Bank of Uzbekistan and international financial institutions, the study analyzes the qualitative and quantitative parameters of commercial bank loan portfolios allocated to corporate entities. The methodological framework integrates structural-functional analysis, comparative economic estimation, and trend extrapolation. The findings reveal critical trends including an increasing share of private sector financing, structural shifts toward long-term investment loans, and the growing integration of digital lending platforms. Concurrently, the paper identifies systemic risks such as high credit concentrations, foreign currency exposure, and the necessity for enhanced risk management frameworks in alignment with Basel III standards. Ultimately, the study proposes strategic recommendations aimed at diversifying credit portfolios, mitigating non-performing loans (NPLs), and fostering sustainable economic growth through optimized banking mechanisms.