Development of the Banking System of the Republic of Uzbekistan

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Procedia Publish Group
Abstract
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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.
Keywords
banking, two-tier banking system, efficient market mechanism
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