THE ROLE OF BANKS IN THE ECONOMY

Mualliflar

  • Muslima Saidmalikova University of science and technologies in Tashkent, Uzbekistan Muallif

;

Financial Inclusion  Banking System  Economic Growth  Financial Stability  Microfinance  Digital Banking  Credit Access  Bank Failures  Regulatory Frameworks  Mobile Banking  Alternative Credit Scoring  Central Banks  Financial Crises  Liquidity Management  Small and Medium Enterprises (SMEs)  Microloans  Financial Literacy  Risk Management  Basel III  Inclusive Growth  Financial Technology (Fintech)  Global Financial Crisis  Banking Regulations  Lender of Last Resort  Economic Inequality  Rural Banking  Gender and Financial Inclusion  Banking Crisis  Financial Services  Economic Development

Abstrak

The role of banks in the economy extends far beyond simple financial transactions. Banks serve as intermediaries, bridging the gap between savers and borrowers, which enables the efficient allocation of resources across sectors. By providing credit, banks support both individual and business growth, fueling investments and innovation. Furthermore, banks are pivotal in stabilizing economies by managing the money supply, influencing interest rates, and implementing monetary policy. This paper delves into the critical functions of banks, exploring their contributions to economic stability, growth, and financial inclusivity, while emphasizing their central role in sustaining the overall health of the economy.

Iqtiboslar

World Bank. (2021). Financial Inclusion and Development: Recent Impact and Future Prospects. World Bank Publications.

Basel Committee on Banking Supervision. (2011). Basel III: A global regulatory framework for more resilient banks and banking systems. Bank for International Settlements.

International Finance Corporation (IFC). (2020). Unlocking the Potential of Small and Medium Enterprises (SMEs) in Emerging Markets.

M-Pesa. (2021). Mobile Money and Financial Inclusion in Sub-Saharan Africa. Safaricom.

Zins, A., & Weill, L. (2016). The Determinants of Financial Inclusion in Africa.

Financial Times. (2021). The Role of Central Banks in Stabilizing Financial Systems During Crises.

The Economist. (2018). Why Financial Inclusion is Essential for Economic Growth.

Nashr qilingan

2024-12-16

Iqtibos keltirish tartibi

THE ROLE OF BANKS IN THE ECONOMY. (2024). Yosh Olimlar, 2(36), 55-60. https://in-academy.uz/index.php/YO/article/view/28703