FORMATION AND DEVELOPMENT STAGES OF THE BANKING SYSTEM OF UZBEKISTAN: THE ROLE OF THE CENTRAL BANK AND COMMERCIAL BANKS IN ECONOMIC PROCESSES
https://doi.org/10.5281/zenodo.16736975
Keywords:
banking system, Central Bank, commercial banks, monetary policyAbstract
The following article covers the structure of the banking system of the Republic of Uzbekistan, in particular the two – tier banking system-the functions of the central bank and commercial banks, the stages of historical development and its role in the economy. From the years of independence, banking reforms, the establishment of national currency circulation, the introduction of modern financial services and digitization processes are analyzed.
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