Mechanisms for Ensuring The Investment Attractiveness of Commercial Banks Through The Securities Market

This article examines the role of the securities market in enhancing the investment attractiveness of commercial banks in Uzbekistan. The paper discusses the structure and dynamics of banks’ securities operations, both active and passive, and highlights their significance for the national financial system. It analyzes domestic and international scholarly perspectives, legal frameworks, and empirical data from the Uzbek banking sector. Particular attention is given to the development of the primary and secondary securities markets, the challenges of regulatory efficiency, and the impact of sovereign securities performance. The study also addresses global market trends and risks arising from the integration of artificial intelligence in international financial markets. Based on the analysis, the author proposes strategies to strengthen financial reporting, introduce new investment instruments, and develop secondary markets to improve the investment appeal of commercial banks. The findings contribute to understanding how the securities market can support sustainable growth of Uzbekistan’s banking system within the broader financial infrastructure.