STAGES OF DEVELOPMENT OF THE BANKING SYSTEM IN UZBEKISTAN

This article analyzes the stages of formation and development of the banking system in Uzbekistan. It discusses the characteristics of the centralized banking system during the former Soviet Union period, the establishment of the national banking system after gaining independence, and the introduction of a two-tier banking system. In addition, the processes of stabilizing and modernizing the system, the reforms implemented in recent years, and the introduction of digital technologies into the banking sector are highlighted.