Kobulov bahtiyor

3.Conclusion
Commercial banks play a significant role in the economy of any country. And the number of banks does not always mean quality.
The bank's systematic performance of its functions creates the foundation on which the stability of the country's economy as a whole rests. And although the execution of each type of operations is concentrated in special departments of the bank and is carried out by a special team of employees, they are intertwined with each other. Thus, banks have a unique ability to create means of payment, which are used in the economy for the organization of commodity circulation and settlements. We are talking about opening and maintaining checking and other accounts that serve as the basis of non-cash turnover. The economy cannot exist and develop without a well-established system of monetary settlements. Hence the great importance of banks as organizers of these settlements.
The traditional idea of a bank, as only a credit and settlement and payment institution, does not correspond to the current state of things. Today, a commercial bank is a universal, multifunctional credit and financial complex combining deposit and loan, investment, consulting and other banking operations. Through leasing, factoring, project financing, concentration of advanced technology, use of the latest achievements of science and technology in banking practice, banks actually manage scientific and technological progress and directly participate in the production process. In addition, the widespread lending of budget deficits and public debt strengthens the fusion of banks with public finances and allows banks to influence monetary (and not only monetary) policy.
The activities of banking institutions are so diverse that their actual nature is really uncertain. Credit institutions act as consultants, participate in the discussion of national economic programs, keep statistics, have their own subsidiary enterprises. Banks are an integral element of the modern economic system. The essence of banking is to extract income from the disposal of temporarily free funds. Banks are the basis of the economy, a kind of circulatory system of economic society. Without them, modern society cannot exist, since it is banks, being the center through which payments are made, that form the normal functioning of enterprises, payments and settlements.