IMPROVEMENT OF BANK GUARANTEE OPERATIONS IN COMMERCIAL BANKS

Authors

  • Elboev Bobur Batirovich PhD in Economics, Associate Professor of the Department of Finance and Reporting, Tashkent State University of Economics, Tashkent, Uzbekistan

Keywords:

Bank, guarantee, bank guarantee, principal, beneficiary, counter - guarantee, financial obligation, invoices.

Abstract

This article says that the bank guarantee plays an important role in establishing and strengthening economic relations between partners, developing and developing trade, organizing the production and service process, formalizing various economic contracts, organizing and implementing export-import operations, generating credit relations, participating in tender sales, as well as establishing new cooperation between business entities.

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Published

2024-12-05

Issue

Vol. 31 (2024)

Section

Articles

License

Creative Commons License

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

How to Cite

IMPROVEMENT OF BANK GUARANTEE OPERATIONS IN COMMERCIAL BANKS. (2024). American Journal of Business Management, Economics and Banking, 31, 1-6. https://americanjournal.org/index.php/ajbmeb/article/view/2523