Development of the Banking System of the Republic of Uzbekistan

Authors

  • Taspanova Ayzada Karakalpak State University named after Berdakh PhD, assistant professor of Fundamentals of management and economics department
  • Erepova Bibisara Karakalpak State University named after Berdakh, assistant of Fundamentals of management and economics department
  • Ametov Islam Karakalpak State University, Economy faculty, master's degree of Fundamentals of management and economics department

Keywords:

banking, two-tier banking system, efficient market mechanism

Abstract

the article is devoted to the development of the banking system of the Republic of Uzbekistan. Banks are centers where business partnerships mostly start and end. The health of the economy depends to a decisive extent on the accurate and competent activity of banks. Banks provide financing for all areas of business, production and non-production areas, management areas and fill the budget with the necessary funds. Without a developed network of commercial banks, the desire to create a real and efficient market mechanism remains only a wish.

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Published

2023-02-28

How to Cite

Ayzada, T. ., Bibisara, E. ., & Islam, A. . (2023). Development of the Banking System of the Republic of Uzbekistan. Procedia on Economic Scientific Research, 1, 59–61. Retrieved from https://procedia.online/index.php/economic/article/view/417

Issue

Vol. 1 (2022): Procedia on Digital Economics and Financial Research

Section

Articles