The Importance And Development Of Remote Banking In Uzbekistan

GIS Business ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 16-24
Author(s):  
Mamadiyarov Zokir Toshtemirovich
Keyword(s):  
Remote Control ◽  
Control Systems ◽  
Commercial Banks ◽  
Banking System ◽  
Information Flows ◽  
Bank Account ◽  
Banking Services ◽  
Current State ◽  
The Republic

In the implementation of remote control systems of the bank account used in the banking practice of the Republic of Uzbekistan, information flows are rapidly moving, the current state of remote banking services in the banking system of Uzbekistan, as well as measures for their wide use are being taken. The article discusses the issues of improvement of remote banking services, the problems in it and the author's relationship on the development of remote banking services in commercial banks.

scholarly journals Current issues of the banking system development of the republic of Uzbekistan

2021 ◽  
Vol 2 (2/S) ◽  
pp. 179-186
Author(s):  
Shohboz Ibodullaev ◽  
Gulbahor Bakoeva
Keyword(s):  
Central Bank ◽  
Commercial Banks ◽  
System Development ◽  
Banking System ◽  
Resource Base ◽  
Low Level ◽  
Current State ◽  
The Republic ◽  
High Level

The article analyzes the current state of the banking system of the Republic of Uzbekistan and identifies problems associated with its development. In particular, such problems as the presence of the problem of unbalanced liquidity in commercial banks, insufficient resource base of banks, a low level of profitability of assets of commercial banks, and a high level of rates of required reserves of the Central Bank were identified. Also, the article studies the scientific and theoretical views of economists on the development of the banking system. In the article, on the basis of the analyzes carried out, scientific proposals have been developed aimed at the development of the banking system of the Republic of Uzbekistan. In particular, the ways of increasing the profitability of commercial banks 'assets were developed, the possibilities of strengthening the resource base and increasing the level of banks' liquidity were substantiated, proposals for improving the policy of required reserves of the Central Bank were substantiated.

scholarly journals Development of Digital Banking Technologies in the Republic of Belarus

2019 ◽  
Vol 47 (47) ◽  
pp. 49-56
Author(s):  
Marina Zelenkevich ◽  
Galina Korjenevskaya
Keyword(s):  
Banking Sector ◽  
Banking System ◽  
Retail Banking ◽  
Competitive Advantages ◽  
Banking Services ◽  
The Public ◽  
Stage Of Development ◽  
Current State ◽  
The Republic ◽  
Remote Identification

The purpose of the research is to determine the prospects and opportunities for digital transformation of the banking sector of the Republic of Belarus based on an analysis of the current state of bank informatization, current world trends to ensure a harmonious combination of interests of all participants in the country's banking system: the state, banks, firms and the public. The article analyzes the features of the current stage of development of the retail banking services market of the Republic of Belarus, which is characterized by dynamic development and widespread electronic and IT technologies. The expediency, necessity and timeliness of introducing such trend digital innovations of the retail banking sector of the Republic of Belarus as the development of the payment and settlement space, remote identification, including biometric, the development of the Open API, distributed registry technology (blockchain) are substantiated. Developed recommendations to improve the effectiveness of the proposed retail banking services through the modernization of existing and introduction of innovative ones. Identified key areas of innovation in the retail segment of banking services. Recommendations to improve the efficiency of retail banking services in the Republic of Belarus through the introduction of innovative digital banking technologies will enable Belarusian banks to gain strategic competitive advantages to achieve leadership positions in the financial market.

RETAIL BANKING SERVICES AND PROSPECTS FOR ITS DEVELOPMENT IN THE REPUBLIC OF UZBEKISTAN

2020 ◽  
Vol 3 (3) ◽  
pp. 26-31
Author(s):  
Zafar Umarov ◽  
◽  
Shahnoza Pardayeva
Keyword(s):  
Retail Banking ◽  
Practical Significance ◽  
Banking Services ◽  
Current State ◽  
The Republic

This article is about a market of retail banking services in Uzbekistan and development of this market. It covered the practical significance of retail banking services, analyzes the current state and ways to improve it. The article analyzes past and current years,identifies problems and provides recommendations for addressing them.

LEGAL AND REGULATORY FUNDAMENTALS OF CORPORATE CONTROL IN COMMERCIAL BANKS OF UZBEKISTAN

2021 ◽  
Vol 4 (9) ◽  
pp. 53-57
Author(s):  
Voxid Qaytarov ◽  
Keyword(s):  
Control System ◽  
Control Systems ◽  
Commercial Banks ◽  
Corporate Control ◽  
General Meeting ◽  
Scientific Article ◽  
Joint Stock Company ◽  
Stock Company ◽  
Bank Management ◽  
The Republic

This scientific article analyzes the issues of creating a corporate control system in commercial banks. were carefully familiarized with the ideas and comments put forward in the course of researchwork on the implementation of corporate control systems. The regulatory framework for organizing corporate control in commercial banks of the Republic of Uzbekistan was also studied.Keywords: corporate control, joint stock company, compliance, corruption, supervisoryboard, general meeting of shareholders, bank management, corporate governance

Improvement of Premium Banking Services: The Need and the Potential

2021 ◽  
pp. 158-176
Author(s):  
Tatiana V. Schastnaya ◽  
◽  
Arina V. Horoshilova ◽  
Keyword(s):  
Financial Market ◽  
Commercial Banks ◽  
Banking System ◽  
Quality Parameters ◽  
Economic Interests ◽  
Banking Services ◽  
Balanced Development ◽  
Real Value ◽  
Financial Awareness ◽  
Market Premium

The need for a transition to an intensive and innovative development path is overdue in the banking system of Russia. The quality parameters of the premium banking service program for top-5 banks were analyzed. Factors of interest to the banks and their clients were identified. Suggestions on possible ways to improve premium banking programs were formulated. For the analysis, the authors selected banks with the most interesting bonus programs. The contextual analysis of the qualitative parameters of the premium banking programs allowed identifying these programs’ important components and possible problems. These are: the digitalization of banking services, which actively penetrates the segment of the wealthy client; lower business margins; search for the real value of a premium service for the customer. In the authors’ opinion, the most urgent problem is the combination of trends in the digitalization of the banking services and the needs of individualization of the approach to servicing a premium client. The main directions for improving premium banking programs were formulated. They are associated with improving the skills of the program staff; searching for new additional offers and organizing operational feedback for this; expanding the line of financial products offered to premium customers, for example, investment and insurance products, legal services. Premium banking provides a premium client with a special status in terms of service individualization, involves working with target segments, and offers bonus programs of banking products and services aimed at specific target audiences. Therefore, premium banking encourages the bank to identify and differentiate different target groups (audiences) by income level, investment goals, etc.; to conduct events (training seminars, conferences, presentations) to attract individuals to the financial market. Premium banking provides a balance between the economic interests of the company, the financial market and the banking system, commercial banks and individuals. Therefore, the task of developing this segment of the banking services market becomes relevant, meeting the modern needs of the economy. Primarily, the introduction and improvement of premium banking are beneficial to commercial banks themselves, as it increases their level of competitiveness, contributes to the formation of customer loyalty, thus allowing for a more complete satisfaction of customer needs in special services. Currently, improvements in premium banking could also contribute to raising the financial awareness of private clients concerning investment opportunities in the financial markets that would provide effective and balanced development of the financial market of Russia.

scholarly journals ISSUES OF FORMING PERSONNEL CAPACITY IN THE CONTEXT OF THE DEVELOPMENT OF THE ISLAMIC BANKING SECTOR IN THE REPUBLIC OF TAJIKISTAN

2020 ◽  
pp. 127-132
Author(s):  
Sh. S. Sharipov
Keyword(s):  
Customer Satisfaction ◽  
Banking Sector ◽  
Banking System ◽  
Training System ◽  
Islamic Finance ◽  
Islamic Banking ◽  
Personnel Training ◽  
Banking Services ◽  
The Republic

The issues of forming personnel capacity in the Republic of Tajikistan, in the context of the launch of the first Bank providing services in accordance with the principles of Islamic Finance have been considered. For the purpose of a comprehensive assessment of the situation, the experience of individual countries in this area of activity, as well as the experience of previous research, ware studied. Conclusions about the state and prospects of development of the Islamic banking system in the current conditions, as well as a description of a number of measures, the implementation of which will ensure the acceleration of formation of the necessary personnel capacity in the Republic of Tajikistan have been given. In particular, the proposed measures address the issues of creating a competitive personnel training system, improving the quality of banking services provided and customer satisfaction.

scholarly journals ОСНОВНІ ТЕНДЕНЦІЇ РИНКУ БАНКІВСЬКИХ ПОСЛУГ: КРЕДИТНИЙ ТА ДЕПОЗИТНИЙ АКЦЕНТ

2019 ◽  
pp. 412-425
Author(s):  
Maiia Fedyshyn ◽  
Artur Zhavoronok ◽  
Alla Abramova
Keyword(s):  
Financial Literacy ◽  
Rapid Development ◽  
Banking System ◽  
Stable State ◽  
The State ◽  
State Support ◽  
Investment Activity ◽  
Banking Services ◽  
Current State ◽  
Fixed Assets

The article analyzes the current state of the banking system of Ukraine, defines the peculiarities of its functioning. It is determined that in recent years, in the conditions of structural reformation of the economy in the banking services market, there have been such tendencies as: rapid development of information, including banking, technologies that allow banks to expand the range of services and products they provide; restructuring of the financial and banking sectors, characterized by the emergence of new segments; increase of financial literacy of clients. The complex of measures aimed at maintaining the stable state of domestic financial and credit institutions, timely neutralization and preventing the development of destabiliz-ing tendencies is considered: providing assistance to enterprises in the search for opportunities to obtain loans for the for-mation and modernization of fixed assets; giving the state its financial and tax policies more liberal in relation to low-profit and loss-making enterprises; expanding the scope of credit to provide businesses with fixed and current assets; creation of an actively functioning system of state support of investment activity.

scholarly journals BANKING INNOVATIONS: PERSPECTIVES AND THREATS OF ELECTRONIC BANKING SERVICES

2018 ◽  
pp. 121-136 ◽  
Author(s):  
Yaroslav CHAIKOVSKYI ◽  
Yaroslava KOVALCHUK
Keyword(s):  
Customer Service ◽  
Structural Changes ◽  
Innovation Policy ◽  
Banking System ◽  
Internet Banking ◽  
Electronic Banking ◽  
Banking Services ◽  
Current State ◽  
The World ◽  
Incident Cases

Introduction. Nowadays, innovation is not the only economic phenomena, which affects the growth of productivity of factors of production, growth of volumes of production, structural changes, economic growth and national competitiveness, etc. Now innovations have become identified with development and improvement in all areas of the economy, including banking business. The purpose of the article is to disclose the concept of “banking innovations” and then to study the current state of electronic banking innovations in Ukraine, to identify the main threats, which influence the development of innovations in the domestic banking system, and determine the prospects for the development of banking innovations. Results. The article defines the notion of “banking innovations”. The current state of electronic banking innovations and the influence of the Internet development on the banking services are considered. The essence of Internet banking is also revealed and its distribution in Ukraine and in Europe is analyzed. In addition, the article presents the main threats affecting the development of innovations in the banking system of Ukraine, and specifies incident cases and their consequences in Ukraine and in the world. The prospects for the development of banking innovations are considered, the most promising banking innovations that could be launched in Ukraine were proposed. Conclusions. In general banking innovations in Ukraine are not independent development of truly innovative and unique products, services or technologies at the world level. It`s noticeable that there is development in the field of electronic banking services. The undisputed leader in the implementation of innovation at all levels of its own activities is the PJSC PrivatBank. There are highlight key areas for improving innovation in the banking system of Ukraine, such as: the formation of innovation policy, the development of distance servicing, and improvement customer service. In addition, with the development of technologies, new threats to innovation in the banking system are emerging. So there should be given a lot of attention in order to be in demand and banking institutions need to keep pace with global innovation and trends.

scholarly journals Analysis of Suplly and Demand for Electronic Banking Services in the South Bačka Region

2020 ◽  
Vol 58 (1) ◽  
pp. 131-148
Author(s):  
Marija Vuković ◽  
Dejana Martinov ◽  
Željana Mazić
Keyword(s):  
Commercial Banks ◽  
Statistical Processing ◽  
The Other ◽  
Survey Method ◽  
Electronic Banking ◽  
The South ◽  
Banking Services ◽  
The Subject ◽  
The Republic ◽  
The Empirical Analysis

AbstractThe subject of this paper is the research of the electronic banking services market in the South Bačka region. The aim of this paper is to systematise the supply of services by commercial banks. On the other hand, the aim of the paper is to evaluate the extent to which citizens use electronic banking services. The research methodology includes the application of the analytical method to the evaluation of the banking sector’s supply of services, the survey method and the statistical processing of data in the empirical analysis of demand. The results of the research showed that there is a rich offer of electronic banking services in the Republic of Serbia and that it is widely accepted.

scholarly journals BANKING SERVICES AND CUSTOMER PERCEPTION IN SOME SELECTED COMMERCIAL BANKS IN BANGLADESH: A COMPARATIVE PERSPECTIVE

2014 ◽  
Vol 13 (1) ◽  
pp. 1
Author(s):  
Md. Mahi Uddin ◽  
Mohammad Aktaruzzaman Khan ◽  
Nadia Farhana
Keyword(s):  
Customer Satisfaction ◽  
Commercial Banks ◽  
Service Providers ◽  
Banking System ◽  
Simple Random Sampling ◽  
Capital City ◽  
Quality Of Services ◽  
It Adoption ◽  
Banking Services

The banking system is facing challenges with stiff competition and advancement of technology. It becomes imperative for service providers to meet or exceed the target customers' satisfaction with quality of services expected by them. Hence, the present study attempted to study customers' perception of quality of services (both transactions-based and IT-enabled) in terms of its constituent factors and IT adoption in public, private, and foreign commercial banks in this E-age. The present investigation was planned with the objective to assess the extent of use of services especially the IT-enabled services in these banks and to analyze the constituent factors affecting customer satisfaction with the quality of services. The study area was Dhaka, the capital city of Bangladesh. Simple random sampling was used for selection of sample branches. The study reveals that check deposition and check clearance are the most popular banking <p>services among the customers of all sample banks. The customers of nationalized banks were not satisfied with the employee behavior and infrastructure while respondents of private and foreign commercial banks were not satisfied with high charges, accessibility and communication. A small number of respondents were using IT-enabled services other than ATM, and a few respondents made complain against their respective banks. Keywords : Transaction-based banking services, IT-enabled banking services, Customer satisfaction, Service quality</p>

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