l

FORMATION AND DEVELOPMENT TRENDS OF THE MORTGAGE LOAN MARKET IN UZBEKISTAN

Authors

  • Jahongir Abdurahmonov

    Master’s student of the Banking and Finance Academy of the Republic of Uzbekistan
    Author

Keywords:

mortgage, mortgage loan, credit market, lending mechanism, mortgage market, economic growth.

Abstract

This study is devoted to the analysis of the development of the mortgage lending market and its impact on the level of housing provision for the population. The paper examines the economic essence of mortgage lending, its role in the financial system, and its significance in socio-economic development. Current trends in the development of the mortgage market in the Republic of Uzbekistan are analyzed, along with the key factors influencing its growth.

The findings demonstrate that the expansion of the mortgage lending market contributes to improving housing affordability, strengthening the middle class, and stimulating sustainable economic growth.

References

1. Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. PF-5886 “On additional measures to improve mortgage lending mechanisms”. https://lex.uz/docs/-4637331

2. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated

February 5, 2021 No. 56 “On approval of the Regulation on the procedure for

granting mortgage loans at the expense of the Ministry of Economy and Finance

of the Republic of Uzbekistan”. https://lex.uz/docs/-5266510

3. Tursunov, B.O. (2020). Development of mortgage lending and its impact on economic growth. Journal of the Finance and Banking System of Uzbekistan, 4(2), 12–17.

4. Raimjonov, F.R. (2022). Issues of improving mortgage lending mechanisms in Uzbekistan. Scientific and Practical Journal of Finance, 2(15), 38–43.

5. Karimova, Z.N. (2020). Legal framework for the formation of the mortgage lending market in Uzbekistan. Journal of Law and Society, 1(3), 25–30.

6. Akramov, S.K. (2019). Opportunities for using the experience of foreign countries in developing the housing mortgage lending market. Economic Bulletin of Uzbekistan, 6(11), 44–49.

7. https://bank.uz/uz/

8. https://ipakyulibank.uz/physical

9. https://hamkorbank.

Downloads

Published

2026-01-26