Capital Formation In Banking Sector Of Uzbekistan

Abstract

Urgent need of utilization of the private or foreign capital in banking sector of the country is dictated by modern conditions of integration of economy of the Republic of Uzbekistan into the world market. Currently, the Republic has a high export potential (textiles, jewelry, fuel-energy complex, fruit-vegetable and wine-vodka products, manufacture of building and decoration materials, etc.), it is necessary to develop and adopt foreign investing practices and bank loans to stimulate further breakthrough manufacturing of integrated products and reprocessing raw materials, both the Western, Eastern, and Asian credit institutions, while deciding the gain experience of financial lending institutions for the period of independence