COMMERCIAL AND STATE BANKS OF UZBEKISTAN

Saydaliyeva Lazizakhon; Maksudov Temurkhon Rustamovich

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The journal provides the opportunity to the authors to publish their original research articles in Multidisciplinary field. Journal of Modern Educational Achievements is an open access peer reviewed monthly journal. The journal is refereed and follows the ethics and practices of ethical open access publishing. All the manuscripts received for publication passes through extensive double blind peer review process. The journal covers the multidisciplinary areas of Engineering, Technology, Management, Sciences and Humanities. Authors can submit their original manuscripts for peer review. This journal locates in the following adressy: Yavatmal city, 623727, India.

Published Jan 10, 2023

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Vol. 2 No. 1 (2023): Journal of Modern Educational Achievements Vol 2 Issue 1

Saydaliyeva Lazizakhon

Maksudov Temurkhon Rustamovich

Abstract

Abstract:
The main purpose of banks is to place and raise funds and to conduct settlements. Banks are subdivided into a two-tier banking system. The Central Bank of Uzbekistan is a state body that regulates banking activities. The purpose of the central bank is to ensure stability: - the banking system; - prices; - the functioning of the payment system;
The second level implies Commercial or Private banks. Their main purpose is to provide banking services. Commercial banks serve both individuals and legal entities.

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