WAYS TO INCREASE THE EFFICIENCY OF FINANCIAL SUPPORT FOR BUSINESS ENTITIES BY COMMERCIAL BANKS
DOI:
https://doi.org/10.5281/zenodo.20835262Keywords:
Commercial banks, business entities, financial support, bank lending, small business, private entrepreneurship, financing, investment, digital banking services, credit scoring, financial efficiency, loan portfolioAbstract
This article examines the theoretical and practical aspects of financial support provided by
commercial banks to business entities. The study analyzes the role and significance of bank lending in the
development of entrepreneurship in the Republic of Uzbekistan, the current state of financing small businesses
and private entrepreneurship, and the reforms being implemented in the banking sector. Furthermore, the
main challenges encountered in the process of lending to business entities are assessed, including the high
cost of credit resources, strict collateral requirements, the limited application of digital technologies in lending
processes, and information asymmetry.
Based on the conducted analysis, priority directions for enhancing the effectiveness of financial support
provided by commercial banks to business entities have been substantiated. In particular, proposals have
been developed to further digitalize lending processes, improve credit-scoring systems, expand microfinance
services, attract resources from international financial institutions, strengthen credit-guarantee and insurance
mechanisms, and enhance the financial literacy of entrepreneurs.
The findings of the study are expected to contribute to improving the efficiency of lending activities in
commercial banks, expanding business entities’ access to financial resources, enhancing the quality of loan
portfolios, and increasing the contribution of the private sector to the country’s economic development
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