INCREASING THE ATTRACTIVENESS OF POPULATION DEPOSITS IN COMMERCIAL BANKS OF THE REPUBLIC OF UZBEKISTAN

Abstract

The results of a study aimed at increasing the attractiveness of population deposits in the Republic of Uzbekistan, strengthening confidence in the banking system and protecting the rights of depositors are presented. The study provides an in-depth analysis of the activities of commercial banks, the legislative framework and international experience. Based on international experience, the deposit guarantee system in countries such as Germany, Singapore and South Korea was compared in accordance with the conditions of Uzbekistan. It was noted that accelerated digitalization processes and automated return systems are of decisive importance in increasing depositors' confidence in the banking system. Based on the results of the study, recommendations were developed such as reducing the deposit repayment period, expanding digital services, increasing the guaranteed limit and developing marketing strategies. These measures create a basis for increasing the stability of the banking system of Uzbekistan and accelerating the process of integration with international financial markets.