Kurbanov Rufat Bakhtiyorovich
PhD, Associate Professor, Department of Bank Accounting and Audit, Tashkent Institute of
Finance, Tashkent, Uzbekistan. email: [email protected] ORCID: http://orcid.org/0000-
0002-6841-9292
Abstract: This article presents the theoretical and legal basis of modern methods of increasing the capitalization of commercial banks. At the same time, it’s analyzed the legal basis of initial public offering (IPO) of shares of commercial banks to increase the level of capitalization in the practice of the republic. The results of the analysis and research show that in foreign experience the modern ways to increase the level of capitalization of commercial banks, or more simply, initial public offering (IPO) of shares in the open market, which gave positive results, are more widely used. According to this, the initial public offering (IPO) is the initial public offering of shares in the stock market by conducting an advertising campaign among unlimited number of investors by issuing additional shares. In the digital economy, the initial public offering (IPO) of shares on the open market is becoming one of the most promising tools for commercial banks in attracting financial resources. However, to date, no public proposals have been submitted by commercial banks of the country. In fact, in banking practice, it is necessary to implement a initial (IPO) and secondary (SPO) public offering of shares. Because if the bank places its shares through IPO and SPO mechanisms, a commercial bank can attract the necessary resources and significantly increase the level of capitalization. The population can become shareholders of successful commercial banks. It should also be noted that the organization and successful conduct of initial public offering (IPO) of shares of commercial banks offers many opportunities for the bank. The article also describes the stages of IPO placement for commercial banks. The data on the initial public offering (IPO) of bank shares to be held by commercial banks in the coming years were analyzed and relevant conclusions were made. Also, the opinions of foreign and local scholars who have conducted research on the organization of the practice of public offering of shares are given, developed conclusions and recommendations for the practice of public offering of shares in domestic commercial banks based on the study of the practice of foreign countries.
Key words: commercial banks, level of capitalization, IPO, SPO, financial stability.