Abstract
"In this article, the author analyzed the banking system, types of banks, principles of banking, and the tasks of banks as part of the financial system. The purpose of this study is to develop proposals and conclusions aimed at improving the banking system as a result of the study. Banks are an integral part of the financial system. The financial system regulates financial relations on the basis of banking and credit policies and legislation. Banks act as a separate system of the financial system; in particular, commercial banks and non-banking organizations are represented in the first level, and the central bank that controls these organizations is represented in the second level. The Central Bank, commercial banks, subsidiaries, foreign banks and foreign banks form a single system. The banking system means mutual control, subordination, and a single organizational structure. It is therefore important to clearly define the scope of the banking system. By studying these issues through a comparative analysis of domestic and foreign legislation, historical, legal, systemic, logical, statistical, and other methods, the concept of the banking system and the principles of national legislation, as well as proposals for banking legislation, were developed. These proposals are used in scientific activities, lawmaking, law enforcement, interpretation of banking legislation, and improvement of national legislation. The goal of commercial banks is to make a profit, and for this purpose they lend and finance production and services. "
Published Version
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