WAYS TO IMPROVE THE EFFICIENCY OF BANK LENDING IN UZBEKISTAN
Keywords:
bank credit policy, credit efficiency, risk management, digitalization, small and medium enterprises, Uzbekistan, personal insights.Abstract
The banking system plays a crucial role as a driving force in the economic development of Uzbekistan. Commercial banks, by providing financial resources to economic entities, directing savings into effective investments, and meeting the needs of businesses and the population, significantly influence the stability and growth of the economy. In this context, credit policy is a key instrument that ensures not only the profitability and safety of a bank’s credit portfolio but also strengthens trust between banks and their clients. Based on my personal observation, I believe that the effective implementation of credit policies requires both adapting international best practices and considering national economic conditions. Modern digital technologies, risk management systems, and flexible lending conditions are essential tools to improve credit efficiency. This study analyzes the theoretical and practical aspects of forming and implementing bank credit policies in Uzbekistan, examines international experiences, and provides recommendations to increase the effectiveness of lending processes.
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