THE USE OF MODERN BANKING INSTRUMENTS IN SMALL BUSINESS LENDING: DEVELOPMENT TRENDS IN GUARANTEE FUNDS, FACTORING, LEASING, AND MICROCREDIT
DOI:
https://doi.org/10.5281/zenodo.23155458Abstract
This article examines several issues related to the current state of lending to small businesses and private entrepreneurship in the Republic of Uzbekistan, as well as potential areas for improving the existing mechanisms of guarantee funds and leasing as instruments of financial support for small businesses.Keywords
guarantee fund, leasing services, lending, credit risk, collateral, credit history, interest rateReferences
Law of the Republic of Uzbekistan No. 756-I dated April 14, 1999, “On Leasing”. (n.d.). National Database of Legislation.
Decree of the President of the Republic of Uzbekistan No. PF-60 dated January 28, 2022, “On the Development Strategy of New Uzbekistan for 2022–2026”. (n.d.). National Database of Legislation.
Resolution of the President of the Republic of Uzbekistan No. PQ-366 dated November 15, 2023, “On Additional Measures to Widely Engage the Population in Small and Medium-Sized Business”. (n.d.). National Database of Legislation.
Alimardonov, I.M. Improving the Methodological and Practical Foundations of Lending to Small Business Entities: Abstract of the Dissertation for the Degree of Doctor of Economic Sciences. – Tashkent, 2018. – 61 p.
Rakhmonov, I.Kh. Ways to Improve Microfinance Services in the Republic of Uzbekistan: Abstract of the Dissertation for the Degree of Candidate of Economic Sciences. – Tashkent, 2011. – P. 16.
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Yamori, N. Japanese SMEs and the Credit Guarantee System after the Global Financial Crisis. (2015). Cogent Economics & Finance, 3. https://doi.org/10.1080/23322039.2014.1002600
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