FEATURES OF DEVELOPMENT OF MODERN BANKING SYSTEMS

Authors

  • Djumanov Saitmurod Alimbekovich PhD., dotsent, Tashkent Financial Institute
  • Khamrokhujaeva Sitorabonu Temur qizi Student, Tashkent Financial Institute
  • Yuldashev Bilolkhon Saminjon o‘g‘li Student, Tashkent Financial Institute

Keywords:

banking system, competition, digitalization, securitization, cashless payments, digital banks, cryptocurrency

Abstract

This article examines the main trends in the development of the banking system of the countries of the world, various features of their functioning and modernization. Here, both the general directions of transformation and its individual elements are noted. It can be seen that all of the above changes taking place in the banking system are aimed at automating and digitalizing the processes of banking activities and improving the quality of services provided to customers.

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Published

2023-04-10

Issue

Vol. 11 (2023)

Section

Articles

License

Creative Commons License

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

How to Cite

FEATURES OF DEVELOPMENT OF MODERN BANKING SYSTEMS. (2023). American Journal of Business Management, Economics and Banking, 11, 50-53. https://americanjournal.org/index.php/ajbmeb/article/view/606