TRENDS AND PROSPECTS OF THE DEVELOPMENT OF THE BANKING SYSTEM IN THE REPUBLIC OF UZBEKISTAN

Authors

  • Turayev Sherkhon Momin ugli Assistant to the General Director of “MY INSURANCE” JSC Insurance Company, Master’s student at the Banking and Finance Academy Author

Keywords:

Uzbekistan, banking sector, digital transformation, financial reforms, banking liberalization, financial inclusion, sustainable development.

Abstract

This paper analyzes the current development trends and strategic prospects of the banking system in the Republic of Uzbekistan. Particular attention is paid to the processes of digital transformation, privatization of state-owned banks, expansion of financial inclusion, and adoption of international financial standards. The study also outlines the main challenges, such as low financial literacy and cybersecurity risks, while emphasizing the potential of innovative technologies, green finance, and international cooperation in ensuring sustainable growth of the national banking sector.

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Published

2025-10-08

Issue

2025: ICHARSE-ENGLAND-OCTOBER

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

TRENDS AND PROSPECTS OF THE DEVELOPMENT OF THE BANKING SYSTEM IN THE REPUBLIC OF UZBEKISTAN. (2025). The Conference Hub, 1-6. https://theconferencehub.com/index.php/tch/article/view/537