Transformation of the Banking Sector in Uzbekistan in the Context of Covid-19 Corona virus Pandemia

Authors

  • Nozimov Eldor Anvarovich Samarkand institute economy and service, Uzbekistan

DOI:

https://doi.org/10.51699/ajdes.v13i.398

Keywords:

digital economy, banking system, digital transformation, financial institutions, digital technologies, digital strategy

Abstract

The article considers the acceleration of the transformation processin the banking sector in the context of the coronavirus pandemic, as well as the impact of the global crisis caused by COVID 19 on the banking and financial system of Uzbekistan. The basis for the transformation of the banking sector is the development and implementation of an effective client-oriented digital strategy of financial institutions. The article discusses various approaches to the transformation of the banking sector and generates author's scientific and practicalconclusions.

References

Decree of the President of the Republic of Uzbekistan "On the strategy of reforming the banking system of the Republic of Uzbekistan for 2020 - 2025". PF-5992-son 12.05.2020 y.

Decree of the President of the Republic of Uzbekistan "On organizational measures for the implementation of the action strategy on the five priority areas of development of the Republic of Uzbekistan in 2017-2021." Decree No. PF-4947. 07.02.2017 y.

Resolution of the President of the Republic of Uzbekistan No. PP-4325 "On measures to restructure and reform state-owned enterprises and commercial banks with state participation in the charter capital." 21.05. 2019 y.

Address of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Oliy Majlis. People's Word Newspaper № 19 (7521). January 25, 2020.

Anvarovich, NozimovEldor. "Theoretical fundamentals of financial health of the enterprise." Indonesian Journal of Innovation Studies 9 (2020): 1-4..

Anvarovich, NozimovEldor. "RESEARCH PARK."(2021).

Anvarovich, NozimovEldor. "Ways to Strengthen the Resource Base of Commercial Banks." БарқарорликваЕтакчиТадқиқотларонлайнилмийжурнали 1.6 (2021): 689-694..

Gulyamov S. S. et al. Blockchain technologies in the digital economy. Textbook pages 21-22 .TMI 2019 -447 pages.

Anvarovich N. E. Banks' loans to reduce the risk of leasing lines //Indonesian Journal of Innovation Studies. – 2020. – Т. 9. – С. 1-4.

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Published

2022-01-18

How to Cite

Anvarovich, N. E. (2022). Transformation of the Banking Sector in Uzbekistan in the Context of Covid-19 Corona virus Pandemia. Academic Journal of Digital Economics and Stability, 13, 76–85. https://doi.org/10.51699/ajdes.v13i.398

Issue

Vol. 13 (2022): JANUARY

Section

Articles

License

Copyright (c) 2022 Nozimov Eldor Anvarovich

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This work is licensed under a Creative Commons Attribution 4.0 International License.