The article examines the transformation and development of the banking sector in Uzbekistan at the present stage, its specific legal aspects and features, as well as the existing problems based on practical data. Based on the conducted research, practical proposals and scientific recommendations have been developed.

This article discusses the advantages and analysis of ways to improve the efficiency of credit services in the process of transformation, as well as improving development prospects. The author's approaches and proposals are also presented to improve the efficiency of credit services, introduce new technologies, optimize business processes, update products and services, improve customer experience, reduce costs and increase profitability in the development of banking activities in changing market conditions, as well as to overcome them.