CYBERSECURITY AND AI IN THE NEXT ERA OF BANKING EFFICIENCY IN UZBEKISTAN (2015–2024)

Authors

  • Shirinova Shokhsanam Sobir kizi Doctor of Philosophy (PhD) in Economics, Doctoral Student, Department of International Finance, Tashkent State University of Economics

Keywords:

Cybersecurity; Artificial Intelligence; Banking Efficiency; Panel Data; Panel-VAR; Digitalization; Return on Assets; Uzbekistan.

Abstract

This research explores the impact of cybersecurity investment and artificial intelligence (AI) adoption on effectiveness, competitiveness and financial stability in commercial banks of Uzbekistan within digitalization process. 

References

1. Akhmedov, S. (2021). Regulatory developments in online payment systems in Uzbekistan. Tashkent State University of Economics Working Paper Series.

2. European Central Bank (ECB). (2023). Cyber resilience oversight expectations for financial market infrastructures.

3. Frankfurt am Main: ECB Publications.

4. Ghosh, S. (2021). Artificial intelligence adoption and credit risk reduction: Evidence from Asian banks. Journal of Financial Innovation, 8(3), 101–118. https://doi.org/10.1016/j.jfiin.2021.03.004

5. Gibson, R. (2020). Digital transformation in financial systems: Integrating AI and governance. Oxford University Press.

6. International Monetary Fund (IMF). (2023). Financial Sector Stability Review: Uzbekistan. Washington, D.C.: IMF Country Reports.

7. Iskandarov, M. (2020). Digital readiness of the Uzbek banking sector: Challenges and opportunities. Finance and Banking Review, 6(2), 45–59.

8. Kim, J., & Lee, D. (2022). AI-driven risk management and bank performance in emerging markets. Pacific-Basin Finance Journal, 73, 101707. https://doi.org/10.1016/j.pacfin.2022.101707

9. Love, I., & Zicchino, L. (2006). Financial development and dynamic investment behavior: Evidence from panel VAR. The Quarterly Review of Economics and Finance, 46(2), 190–210. https://doi.org/10.1016/j.qref.2005.11.007

10. Shirinova, Sh. (2024). Methodological foundations for implementing banking innovations in the digital economy.

11. Tashkent State University of Economics Monograph.

12. Subramanyam, K. R. (2019). Financial Statement Analysis. McGraw-Hill Education.

13. World Bank. (2022). Uzbekistan Digital Economy Diagnostic Report. Washington, D.C.: World Bank Group.

14. Asian Development Bank (ADB). (2023). Digital Finance and Inclusive Growth in Central Asia. Manila: ADB Publications.

15. Central Bank of the Republic of Uzbekistan (CBU). (2015–2024). Annual Financial Stability Reports. Tashkent: CBU.

Downloads

Published

2026-01-21

Issue

Section

Articles

How to Cite

CYBERSECURITY AND AI IN THE NEXT ERA OF BANKING EFFICIENCY IN UZBEKISTAN (2015–2024). (2026). World Bulletin of Management and Law, 53, 18-24. https://scholarexpress.net/index.php/wbml/article/view/5800