THE ROLE OF DIGITALIZATION IN THE ADVANCEMENT OF DEPOSIT ACTIVITIES IN COMMERCIAL BANKS OF THE REPUBLIC OF UZBEKISTAN
Keywords:
digitalization, deposit services, internet banking, mobile banking applications, commercial banks, financial technologies, innovation.Abstract
this article investigates the influence of digitalization on the modernization of deposit operations in commercial banks of the Republic of Uzbekistan. It focuses on contemporary digital solutions utilized in the attraction and management of deposits and evaluates their impact on the efficiency and sustainability of the banking system. The study provides statistical evidence reflecting trends in the expansion of online deposit services, remote banking channels, and digital banking platforms. Furthermore, the paper identifies key challenges as well as promising avenues for the continued digital transformation of banking operations.
Downloads
References
1. Mishkin, F. S. The Economics of Money, Banking, and Financial Markets. Pearson.
2. Bernanke, B. S. Bank Deposits as a Critical Source of Liquidity in Times of Financial Stress. Federal Reserve Speech.
3. Abdullaev, M. (2021). Diversification of deposit funding sources as a factor of banking system stability. Economic Review of Uzbekistan, No. 4.
4. Yusupova, N. (2022). Innovative deposit products and digitalization of banking services. Financial Innovations and Development, No. 3.
5. World Bank. (2023). Digital Financial Services and Financial Inclusion in Emerging Markets. Washington, DC.
6. Central Bank of the Republic of Uzbekistan. (2024). Banking Sector Report.
7. Central Bank of the Republic of Uzbekistan. (2024). Statistical Bulletin.
