Development of the banking system of the republic of uzbekistan in the conditions of economic reform

qualitative improvement of its activities so that its stability and stability can withstand crises. In this regard, important decisions were made to increase the level of capitalization of a number of leading banks (JSCB “Uzpromstroybank”, JSCB “Asaka”, etc

• qualitative improvement of its activities so that its stability and stability can withstand crises. In this regard, important decisions were made to increase the level of capitalization of a number of leading banks (JSCB “Uzpromstroybank”, JSCB “Asaka”, etc

• During this period, the 1st President of Uzbekistan Islam Karimov pays even more attention to the development of the country's financial and banking system, its strengthening and

The years 2002-2004 became the years of development of the banking regulation system with a special emphasis on further liberalization and deepening of reforms, on the achievement of which the direction of the future development of banks depended - strengthening public confidence in all banking activities, turning banks into a financial support for the reforms carried out in the republic.

The years 2002-2004 became the years of development of the banking regulation system with a special emphasis on further liberalization and deepening of reforms, on the achievement of which the direction of the future development of banks depended - strengthening public confidence in all banking activities, turning banks into a financial support for the reforms carried out in the republic.

• Over the years, the processes of corporatisation of enterprises have intensified and their forms of ownership have changed. Banks, following the concept of their development, improved their strategies in accordance with the requirements of a new stage of economic development.

Development of monetary policy in Uzbekistan in the context of modernization of the economy

• The development of monetary policy is closely related to the presence in the banking system of the optimal amount of money that enterprises need for investment. However, the relatively low capitalization of banks and related standards do not allow banks to fully meet the investment demand of the non-financial sector. The need of enterprises for funds is compensated by self-financing and (or) external borrowing. Temporary tax breaks for credit institutions, including for their shareholders when channeling funds for the capitalization of banks, as well as raising funds through an IPO (Initial Public Offering), help stimulate the growth of capitalization.