it in business 2 (2)

1.

IT in
Bussiness
Business Presentation - 2024
Prepared By:
ID number:
Abdihakimov Bahodir
50000352
Tojiddinov Shermuhammad
50000295
Xoliqov Javohir
50000141

2.

In this presentation
We will talk about ...
• Introduction to SQB
• How SQB Can Leverage VMOST for Strategic Planning
• SWOT: A Strategic Tool for SQB
• The start of Digitalization in SQB
ABC system and Fido-biznes
• Transforming SQB with Cloud Computing
A Strategic Approach
• How SQB can work more efficiently
• Conclusion
Learn More

3.

Introduction:
Sanoat Qurilish Bank
Industrial and Construction
is a major state-controlled commercial
bank in Uzbekistan, focusing on banking,
loans, and financial services.
(Sanoat Qurilish Bank: 2024)
We strive to foster sustainable economic
development through our comprehensive
banking services and commitment to our
clients’ needs.

4.

How SQB Can
Leverage, using
VMOST
By using VMOST, SQB can align its efforts, prioritize
initiatives, and track progress towards its long-term
goals.
VISION
To be a leading commercial bank in Uzbekistan,
committed to sustainable economic development and
customer-centric banking solutions.
MISSION
To provide comprehensive banking services that meet the
diverse financial needs of individuals, businesses, and
government entities, while fostering innovation and
excellence in service delivery.

5.

Objective (2024-2026)
- Strengthen the bank's current position by asset
size, with an expected market share growth of up
to 12.3%;
- Enhance the loan portfolio position by
increasing market share to 13.8%;
- Increase the share of capital to 13.4%;
Strategies
Focus on digital transformation
Improve corporate governance
Attract strategic investors to support growth and enhance operational
efficiency.
Tactics
Implement a KPI system
Leverage partnerships for privatization,
Diversify loan portfolios,
Enhance customer service through technology.
https://sqb.uz/uz/for-investors/strategy-uz

6.

SWOT analysis
Strengths
• Strong assets and loan portfolio
• High profitability ratio
• Joyda user-friendly app (2020)
• Almost Successful Digitalization
Weaknesses
• Liquidity risks
• High staff cost (50% of total expenses)
Opportunities
• Growth of digital services
• Attracting foreign capital
• Expansion of green banking.
Threats
• FinTech
• Cybersecurity Risks
https://sqb.uz/uz/for-investors/reports-and-presentations-uz

7.

The start of
Digitalization in SQB
ABC system
• The Automated Banking System (ABS) system, which
Sanoat Qurilish Bank (SQB) adopted in 2005,
improved transaction accuracy, reduced errors, and
facilitated faster payments, enhancing overall
financial stability and operational efficiency.
(Павел Храмкин, 24 Aug. 2023)
Fido-biznes
• Founded in 1993, FIDO-BIZNES is a major IT
solutions provider in Uzbekistan.
• In 2004, SQB integrated their systems,
upgrading their tech infrastructure.
SQB
https://www.fido-biznes.uz/en/

8.

Joyda
• SQB launched its first mobile banking
Joyda
• This innovative app offers a wide range of
banking services, including...
• Available for both - Android and iOS
systems
Account management
Fund transfers
Bill payments

9.

WHY Cloud-Computing is
important
• Sustainable development
• Reduced Costs
• Scalability and Pay-as-You-Go
• Data Recovery and Backup
Case study
Morgan
: Gillin Paul: July 2024

10.

How SQB can work more
efficiently
Sanoat Qurilish Bank (SQB) can enhance customer service,
streamline operations, improve risk management, and
offer innovative services by leveraging AI-driven chatbots,
advanced analytics, FinTech solutions, and Cloudcomputing for real-time data access.
FinTech
Cloud-Computing
Machine Learning (AI)
Blockchain

11.

Referencee:
1. Amara Mosche. “Why Should Businesses Develop a Banking App in 2023?” Medium, 26 Dec. 2022, medium.com/@moscheamara/why-should-businesses-develop-abanking-app-in-2023-9404e2e0bcbf. Accessed 2 Nov. 2024
2. Gillin, Paul. “SiliconANGLE.” SiliconANGLE, 27 July 2024, siliconangle.com/2024/07/27/close-look-jpmorgans-aggressive-cloud-migration/
(Case study)
3. Fido-biznes. “Uz - Fido-Biznes.” Fido Biznes, 20 Mar. 2023, www.fido-biznes.uz/uz/?ysclid=m2sstdcx2d663151854. Accessed 2 Nov. 2024
4. Gupta, Jyotsana. “What Are the Pros and Cons of Cloud Computing?” ZNetLive Blog - a Guide to Domains, Web Hosting & Cloud Computing, 8 July 2016,
www.znetlive.com/blog/pros-and-cons-of-cloud-computing/
5. Павел Храмкин. “Что Такое Автоматизированная Банковская Система (АБС).” Корпоративный блог и новости компании R-Style Softlab, 24 Aug. 2023,
www.softlab.ru/blog/chto-takoe-abs/?ysclid=m2st4j4ca5458744244. Accessed 2 Nov. 2024
6. Sanoat Qurilish Bank . “Strategiya.” АКБ “УЗПРОМСТРОЙБАНК,” 2024, www.sqb.uz/uz/for-investors/strategy-uz/. Accessed 2 Nov. 2024
7. SumatoSoft. “The Overview of IoT in Banking: Existing and Future Use Cases.” Medium, 25 Mar. 2024,
sumatosoft.medium.com/the-overview-of-iot-in-banking-existing-and-future-use-cases-e185fa237001. Accessed 2 Nov. 2024
8. Techtic Solutions. “Why and How Banks Should Partner with Fintech? - Techtic Solutions - Medium.” Medium, Techtic Solutions, 18 Feb. 2021, medium.com/techticsolutions/why-and-how-banks-should-partner-with-fintech-311440fbcf7. Accessed 2 Nov. 2024
9. Z, Kate. “Using Blockchain in Banking in 2024-2025.” Ilink.dev, ilink, 20 Sept. 2024, ilink.dev/blog/blockchain-use-in-banking/. Accessed 2 Nov. 2024.

12.

IT in Bussiness
Thank You!
Coventry
Shermuhammad Tojiddinov
Bahodir Abdihakimov
Javohir Xoliqov