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International Finance and Accounting

Abstract

Over the years of independence, a new two-tier banking system has been formed in Uzbekistan, which meets international standards. The upper level created by the banking system is Central Bank, whose main objective is to ensure the stability of the national currency, the soum, and low – level commercial banks, directly serving economic agents. This article discusses the stages of formation and development of the banking system of the Republic of Uzbekistan. The paper also analyzes the dynamics of banking activity indicators in recent years. The analysis of the development and formation of the banking sector in the Republic of Uzbekistan is divided into time ranges, in which the history of the banks of the Republic of Uzbekistan is given very clearly.

References

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