Published February 21, 2024 | Version v1
Conference paper Open

TRENDS IN THE DEVELOPMENT OF INNOVATIVE BANKING SERVICES IN COMMERCIAL BANK

  • 1. 3rd year student of "Banking and audit" Tashkent state university of economics

Description

This paper explores the global socio-economic trends, the importance of 
innovative banking services in the face of globalization, and the intensified 
competition in international and local markets. It emphasizes the role of legal and 
regulatory frameworks in fostering the development of banking systems, specifically 
in Uzbekistan, under the "2022-2026 Development Strategy of New Uzbekistan." 
The significance of economic reforms, technological advancements, and the 
adoption of interactive services in commercial banks is highlighted, along with the 
crucial role of innovative marketing strategies. The paper also discusses the 
international standards in banking services and the necessity of aligning innovations 
with market demands, security considerations, and citizen convenience

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References

  • 1. Decree of the President of the Republic of Uzbekistan No. PD-60 dated January 28, 2022, on the "Development Strategy of New Uzbekistan for 2022-2026."
  • 2. Decree of the President of the Republic of Uzbekistan dated March 23, 2018, No. PD-3620, "On Additional Measures for Improving the Accessibility of Banking Services."
  • 3. Lavrushin O.I. "Banking Business: Modern Credit System." Financial Academy under the Government of the Russian Federation. 4th edition, stereotype. Moscow: Knorus, 2018