Bekhzod Yusupov
Independent applicant,
Jizzakh, Republic of Uzbekistan
E-mail: bekzod130@gmail.com
ORCID: 0009-0007-4178-930X
Abstract: This article examines the current state of corporate creditworthiness assessment in the banking sector of the Republic of Uzbekistan. Key limitations of existing approaches are identified, including a low level of automation, dominance of expert judgment, limited use of scoring tools, and fragmentation of data sources. It is shown that officially reported non-performing loan indicators do not fully capture the actual risk profile of bank portfolios, which is confirmed through comparison with impaired assets under IFRS 9. The purpose of the study is to identify systemic weaknesses in corporate credit analysis and to substantiate directions for their improvement based on international experience. The methodological framework relies on analysis of regulatory documents, official central bank statistics, review of academic literature, and comparative analysis of foreign practices. The study justifies the transition to a fintech-oriented comprehensive creditworthiness assessment model that integrates financial, behavioral, and alternative data and applies a two-stage credit analysis protocol consisting of automated pre-screening and subsequent in-depth evaluation. The findings may be used to enhance internal credit assessment methodologies of commercial banks and strengthen credit risk management.
Keywords: creditworthiness, corporate clients, credit risk, scoring, fintech, digitalization of the banking sector.