STAGES OF DEVELOPMENT OF THE BANKING SYSTEM IN UZBEKISTAN
DOI:
https://doi.org/10.55640/Keywords:
Banking system, Central Bank, commercial banks, monetary policy, financial system, digital banking services, economic development, national banking system.Abstract
This article analyzes the stages of formation and development of the banking system in Uzbekistan. It discusses the characteristics of the centralized banking system during the former Soviet Union period, the establishment of the national banking system after gaining independence, and the introduction of a two-tier banking system. In addition, the processes of stabilizing and modernizing the system, the reforms implemented in recent years, and the introduction of digital technologies into the banking sector are highlighted.
References
1.Central Bank of the Republic of Uzbekistan. History of the Banking System. – Tashkent, 2020.
2.Central Bank of the Republic of Uzbekistan. Monetary Policy Review. – Tashkent, 2023.
3.Rakhmonqulov M. Banking System and Credit Relations. – Tashkent: Fan va Texnologiya Publishing, 2019.
4.Qodirov M. Fundamentals of the Digital Economy. – Tashkent: Iqtisodiyot Publishing House, 2021.
5.Mamadiyorov Z., Norov A., Haydarov O. Fundamentals of Banking and Finance. – Tashkent, 2021.
6.Mishkin F. S. The Economics of Money, Banking and Financial Markets. – New York: Pearson Education, 2018.
7.Rose P., Hudgins S. Bank Management and Financial Services. – New York: McGraw-Hill, 2019.
8.World Bank. Global Financial Development Report. – Washington, 2022.
International Monetary Fund (IMF). Financial Stability Report. – Washington, 2023.
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

