DIGITAL BANKING: IS IT POSSIBLE TO OPEN A DIGITAL BANK IN UZBEKISTAN

Abdushukurov Dilshodbek Shovkat ugli, Dr Maya Sari SE MM

Innovation science and technologiy · 2025-yil

Annotatsiya

This study investigates the feasibility of launching a fully digital bank in Uzbekistan amid a national push forfinancial modernisation and increasing demand for accessible, tech-enabled financial services. Using a qualitativedescriptiveapproach, the research analyses performance indicators from Uzbekistan’s banking sector, benchmarksagainst successful digital banks in peer economies, and evaluates policy reforms, demographic trends, and institutionalagility. Findings reveal a widening gap between traditional banks and digital-native institutions, with the latter demonstratingsuperior profitability, scalability, and customer engagement. Uzbekistan’s favourable demographic structure, characterisedby a large working-age and middle-aged population, and regulatory openness indicate strong potential for digital bankingdevelopment. However, the study also highlights challenges around cybersecurity, infrastructure, and digital trust. Thepaper concludes with policy recommendations and strategic insights for regulators, investors, and entrepreneurs seekingto capitalise on Uzbekistan’s evolving financial landscape.

Maqola ma’lumotlari
MualliflarAbdushukurov Dilshodbek Shovkat ugli, Dr Maya Sari SE MM
JurnalInnovation science and technologiy
Nashr sanasi2025-06-25
Jild1
Son6
Betlar102-108
TilIngliz
DOI10.5281/zenodo.17446664

Kalit so‘zlar

Digital Banking, Fintech, Institutional Agility, Middle-Aged Consumers, Financial Inclusion, Banking Reform, Cybersecurity, Regulatory Innovation

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