Improving Innovative Commercial Banking System in Uzbekistan

Innovative banking Uzbekistan financial technology digital transformation customer experience

Authors

  • Igamova Sh. Z. Associate professor, Department of Economy, Bukhara State University, Bukhara, Uzbekistan
  • Mardonova O. Student of Master’s degree, Bukhara State University, Bukhara, Uzbekistan
November 14, 2024

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The modernization of the commercial banking system in Uzbekistan has become a cornerstone of the country’s economic strategy. This article examines the steps taken to enhance innovative banking practices, the drivers of change, and the ongoing challenges faced by the sector. Strategic recommendations for sustaining and advancing innovation in the banking industry are also discussed.