O‘ZBEKISTONDA KREDIT BOZORINI RIVOJLANTIRISH ISTIQBOLLARI

Аннотация

This article systematically analyzes the formation of the credit market in the Republic of Uzbekistan and its stages of development, current state, problematic aspects and promising directions. The lending process is considered as the main tool for providing the real sector of the economy with financial resources. In this regard, the credit market is one of the main drivers of economic growth. The study deeply studies the current credit policy of the banking system, in particular, the volume, distribution of credit resources, interest rates, the procedure and conditions for obtaining loans, and existing obstacles to obtaining loans for the population and business entities. The article also analyzes the role of modern technologies, including digital platforms, electronic lending systems, credit ratings, Big Data and artificial 4 87 International scientific journal ISSN: 2181-3906 «MODERN SCIENCE АND RESEARCH» 2025 VOLUME 4 / ISSUE 7 / UIF:8.2 / MODERNSCIENCE.UZ intelligence technologies in the development of the credit market. Special attention is paid to the issues of financial inclusion and increasing the financial literacy of the population. Advanced foreign experiences - in particular, the lending practices of China, South Korea and the European Union countries - are analyzed, and proposals and recommendations are developed based on their aspects adapted to the Uzbek economy. The results of the article provide specific scientific and practical proposals for improving the efficiency of the credit system through institutional and technological modernization of the credit market, improvement of the legislative framework, strengthening interbank competition and the widespread introduction of digital services. This study is of significant scientific and practical importance for banking sector specialists, economists, financial policymakers and researchers conducting scientific research. Keywords: Credit market, credit policy, commercial banks, financial intermediation, digital lending, credit rating, financial inclusion, population loans, economic stability, fintech technologies, credit risk, banking system, mortgage loans, small business financing, credit market development prospects.