THE IMPACT OF DEMOGRAPHIC CHANGES ON BANK LENDING STRATEGIES
DOI:
https://doi.org/10.5281/zenodo.18933290Keywords:
demographic changes, lending policy, population ageing, youth and loans, rural lending, financial inclusion, digital credit, financial literacy, Central AsiaAbstract
This article examines how changes in population composition affect banking operations and lending strategies
in Uzbekistan. Various borrower groups are considered — youth, middle-aged individuals, pensioners, rural residents,
and labor migrants. For each group, the study analyzes their habits, risks, and the products they actually need. Special
attention is given to countries with young populations, where access to digital loans is growing faster than financial literacy.
The article concludes with practical recommendations grounded in concrete examples rather than abstract theory
References
1. United Nations, Department of Economic and Social Affairs. World Population Prospects 2024. New York: United
Nations, 2024.
2. European Central Bank. The Eurosystem Household Finance and Consumption Survey: Results from the 2021 Wave.
Frankfurt: ECB, 2023.
3. McKinsey Global Institute. The Future of Work after COVID-19. McKinsey & Company, 2023.
4. World Bank. Global Findex Database 2024: Measuring Financial Inclusion and the Fintech Revolution. Washington,
D.C.: World Bank, 2024.
5. International Fund for Agricultural Development (IFAD). Remittances in Times of Crisis: How Flows Are Sustained and
What They Carry. Rome: IFAD, 2023.
6. Japan Post Bank. Annual Report 2023: Strategy and Business Overview. Tokyo: Japan Post Bank, 2023.
7. Mbiti, I., & Weil, D. N. Mobile Banking: The Impact of M-Pesa in Kenya. NBER Working Paper No. 17129, 2023.
8. FICO. The Future of Credit Scoring: Alternative Data and AI. San Jose: FICO, 2024.
9. Standard & Poor’s Financial Services. Global Financial Literacy Survey. S&P Global, 2023.
10. Central Bank of the Republic of Uzbekistan. Banking Sector Review for 2023–2024. Tashkent: CBU, 2024.
11. Grameen Bank. Annual Report 2023. Dhaka: Grameen Bank, 2023.
12. Central Bank of Kenya. Digital Credit Regulation: Supervisory Framework. Nairobi: CBK, 2022.
13. DZ Bank AG. Investor Presentation: Retail Banking Strategy 2024. Frankfurt: DZ Bank, 2024.
14. Financial Conduct Authority (FCA). Regulatory Sandbox Annual Report 2023. London: FCA, 2023.
15. State Statistics Committee of the Republic of Uzbekistan. Demographic Yearbook of Uzbekistan 2023. Tashkent: State
Statistics Committee, 2023.
16. Asian Development Bank. Financial Inclusion for Inclusive Growth in Asia and the Pacific. Manila: ADB, 2024.
17. Iminov, M. I. Assessment of the Influence of Demographic and Social Factors on the Profitability of Commercial Banks
of Uzbekistan. No. 6, 2025. Available at: https://rai-journal.uz/index.php/rai/index
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 GREEN ECONOMY AND DEVELOPMENT
This work is licensed under a Creative Commons Attribution 4.0 International License.