BANKING SYSTEM AND ITS STRUCTURE IN THE REPUBLIC OF UZBEKISTAN

Sayfulloyev Ravshan Nutfullo oʻgʻli,Igamberdiev Sahobiddin Xatam o'g'li

Authors

Sayfulloyev Ravshan Nutfullo oʻgʻli,Igamberdiev Sahobiddin Xatam o'g'li Samarkand Institute of Economics and Service

Keywords:

Banking system, Uzbekistan, Central Bank, commercial banks, financial institutions, banking reforms, digitalization, financial stability, economic development.

Abstract

The banking system plays a crucial role in the economic development of any country, ensuring financial stability, investment growth, and monetary regulation. In the Republic of Uzbekistan, the banking sector has undergone significant reforms aimed at modernization, liberalization, and increased competitiveness. This article explores the structure of the banking system in Uzbekistan, highlighting the roles of the Central Bank, commercial banks, and non-banking financial institutions. It also discusses recent reforms, digitalization trends, and challenges faced by the sector in aligning with international banking standards.

References

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