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THE ROLE OF BANKS IN THE ECONOMY

Jild 2 son 36 (2024): Young scientists 55-60

DOI: 10.5281/zenodo.14498887 2024-12-16 Maqolalar Open Access

Mualliflar

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

Annotatsiya

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.

Kalit soʻzlar:

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.

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    2024-12-16

    Iqtibos keltirish tartibi

    Saidmalikova , M. (2024). THE ROLE OF BANKS IN THE ECONOMY. Yosh Olimlar, 2(36), 55-60. https://doi.org/10.5281/zenodo.14498887
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