Abstract
Commercial banks provide trade finance services such as letters of credit and bank guarantees that facilitate international trade. In addition to financing, commercial banks in Uzbekistan also play an important role in promoting financial inclusion. They offer a range of financial products and services to individuals of all income levels, including savings accounts, debit cards and personal loans. It will help promote financial literacy and inclusion in the country. Commercial banks also make a significant contribution to the growth of the economy by attracting savings of the population and business entities. They pool these funds and allow them to be used for investment in various sectors of the economy. This will help stimulate economic growth and development.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal Of Management And Economics Fundamental
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.