Termiz iqtisodiyot va servis universiteti 2-bosqich magistranti Mamadjanova Tuyg‘unoy Termiz iqtisodiyot va servis universiteti iqtisod kafedrasi mudiri Oybek Ro‘ziyev

Аннотация

This article provides a comprehensive analysis of the problems, current status and prospects for improving insurance practices in the lending process in the banking sector. The lending process is one of the most important segments of banking activities, which directly affects financial stability and risk management mechanisms. Insurance, in turn, is closely related to credit operations as a means of reducing these risks. However, in the banking practice of Uzbekistan, the integration between these two systems is not working effectively enough. Therefore, the article examines the role of insurance services in reducing credit risks, the existing bureaucratic, regulatory and infrastructure problems in their application, as well as the possibilities of using modern innovative solutions - for example, automated underwriting systems, credit-insurance platforms and artificial intelligence in assessing credit risk. The study conducts practical analyses on the example of Uzbek commercial banks, showing the coverage, effectiveness and impact of insurance services on financial indicators in their loan portfolios based on statistical data. Also, the experience of credit-insurance integration of advanced foreign banks (including Germany, South Korea and Turkey) was studied, and proposals adapted to the conditions of Uzbekistan were developed. The article also highlights the role of state policy, areas for improving the regulatory and legal framework. In the conclusion of the article, strategic proposals for optimizing insurance practices in banking activities, prospects for introducing financial technologies and mechanisms for reducing risks are developed. This study may be useful for economists, banking practitioners, and financial policymakers. KEYWORDS: Bank credit, insurance practice, credit risk, financial stability, risk management, commercial bank.