REGIONAL BANKING MARKET TRENDS FOR RETAIL DEVELOPMENT
DOI:
https://doi.org/10.5281/zenodo.21339342Abstract
Regional banking market trends and the development of retail banking in Uzbekistan are analyzed
using Turonbank’s 2025–2027 development strategy as a case study. The research employs comparative, descriptive,
and strategic analytical methods to evaluate digital transformation, demographic factors, retail lending, deposit portfolio
development, and the bank’s competitive position. The findings demonstrate that digitalization, customer-oriented banking
services, and the expansion of the retail portfolio are the principal drivers of sustainable growth in the banking sector
Keywords
retail banking, digital banking, Uzbekistan, Turonbank, fintech, retail lending, deposits.References
1. Basel Committee on Banking Supervision. (2021). Sound Practices: Implications of FinTech Developments for Banks
2. and Bank Supervisors. Bank for International Settlements.
3. International Monetary Fund. (2023). Global Financial Stability Report: Safeguarding Financial Stability amid High
4. Inflation and Geopolitical Risks. IMF.
5. World Bank. (2024). Uzbekistan Economic Update: Sustaining Growth and Improving Living Standards. World Bank
6. Group.
7. Central Bank of the Republic of Uzbekistan. (2024). Annual Report of the Central Bank of the Republic of Uzbekistan.
8. Tashkent.
9. Koshanov A.A. Xufiyona va yashirin iqtisodiyotning amaliy tahlili O‘zbekiston miqyosida // Yashil iqtisodiyot va
10. taraqqiyot. Ilmiy jurnal. – Toshkent, 2025. (OAK Rayosatining 2023-yil 1-apreldagi 336/3-son qarori). https://yashiliqtisodiyot-
11. taraqqiyot.uz/journal/index.php/GED/article/view/5453
12. Koshanov A.A. O‘zbekistonda xufiyona iqtisodiyotning statistik tahlili // Muhandislik va iqtisodiyot jurnali: ijtimoiyiqtisodiy,
13. innovatsion texnologik, fan va ta’limga oid ilmiy-amaliy jurnal. – Toshkent, 2025. № 5. (OAK Rayosatining
14. -yil 28-avgustdagi 360/5-son qarori). https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/618
15. Koshanov A.A. Legalizing the Shadow Economy through Financial Mechanisms: An IMRAD-Based Study // American
16. Economist: Journal of Economics, Finance and Global Policy. 2026. Vol. 1, Issue 3. ISSN: 3071-1746. DOI Prefix:
17. 62480. https://scientajournals.com/index.php/3/article/view/59
18. Koshanov A.A. «Актуальная ситуация в сегменте теневой экономики в Республике Узбекистан» // Yashil
19. iqtisodiyot va taraqqiyot. 2023-yil, oktabr. № 10. (OAK Rayosatining 2023-yil 1-apreldagi 336/3-son qarori). https://
20. yashil-iqtisodiyot-taraqqiyot.uz/journal/index.php/GED/article/view/80
21. Koshanov A.A. Integrating the Shadow Economy into the Formal Sector through Financial Mechanisms // Spectrum
22. Journal of Innovation, Reforms and Development. Vol. 33. November 2024. ISSN (E): 2751-1731. https://sjird.
23. journalspark.org/index.php/sjird/article/view/1130
24. Koshanov A.A. A Comprehensive Assessment of Fiscal and Regulatory Mechanisms for Formalizing the Shadow
25. Economy // Periodica Journal of Modern Philosophy, Social Sciences and Humanities. Vol. 48. November 2025.
26. https://periodica.org/index.php/journal/article/view/1116
27. Koshanov A.A. «Совершенствование системы противодействия легализации преступных доходов и теневой
28. экономики в Республике Узбекистан: ключевые аспекты и составляющие» // Arxitektura, muhandislik va zamonaviy
29. texnologiyalar jurnali. 2024. Vol. 3. ISSN: 2181-3469. https://scienceboxuz.uz/index.php/arxitektura/article/view/9278
30. Koshanov A.A. Нормативно-правовое регулирование национальной системы противодействия легализации
31. доходов, включая аспекты теневой экономики, и функции уполномоченных органов в данной области //
32. Muhandislik va iqtisodiyot. Ilmiy jurnal. – Toshkent, 2024-yil, fevral. № 1. (OAK Rayosatining 2024-yil 28-avgustdagi
33. /5-son qarori). https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/3069
34. Koshanov A.A. Dynamics and Extent of the Shadow Economy in Uzbekistan // Innovation Science and Technology.
35. -yil, fevral. ISSN: 3060-5229. (OAK Rayosatining 2025-yil 8-maydagi 370-son qarori). https://ist-journal.uz/index.
36. php/IST/article/view/93
37. Koshanov A.A. Legalization of the Shadow Economy through Financial Mechanisms in Uzbekistan // Galaxy
38. International Interdisciplinary Research Journal. Vol. 12, Issue 11. November 2024. ISSN (E): 2347-6915. https://
39. internationaljournals.co.in/index.php/giirj/article/view/5998
40. Koshanov A.A. Developments and Extent of the Underground Economy in Uzbekistan // American Journal of Business
41. Management. Vol. 3, Issue 4. 2025. Published: 30-04-2025. ISSN: 2996-5098 (Online). ResearchBib (Impact Factor):
42. 618. https://zenodo.org/records/15232878
43. Koshanov A.A. Tendencies and Scale of the Shadow Economy in Uzbekistan // Social, Economic, Scientific, and
44. Technical Academic Journal. 01-03-2025. (OAK Rayosatining 2025-yil 8-maydagi 370-son qarori). https://ist-journal.
45. uz/index.php/IST/article/view/68
46. Koshanov A.A. Механизмы трансформации неформального сектора в официальную экономику на основе
47. финансовых инструментов // Yashil iqtisodiyot va taraqqiyot. 2025-yil, may. № 5. (OAK Rayosatining 2023-yil
48. -apreldagi 336/3-son qarori). https://yashil-iqtisodiyot-taraqqiyot.uz/journal/index.php/GED/article/view/5551
49. Koshanov A.A. Xufiyona iqtisodiyotni moliyaviy mexanizmlar orqali legallashtirishning samarali yo‘llari // Agrobusiness,
50. Science and Technology. 2026-yil, aprel. Vol. 4, No. 3. (OAK Rayosatining 2024-yil 30-noyabrdagi № 364/5-son qarori).
Downloads
Published
How to Cite
Issue
Section
