Improving the Innovative Activity of Commercial Banks

Authors

  • Tangishov Mansur Rasulovich Researcher, Tashkent institute of Finance, Uzbekistan

DOI:

https://doi.org/10.31150/ajebm.v4i10.675

Keywords:

Innovation, innovative banking products, digitalization, remote banking services, Internet-banking, Online banking, SMS banking, BPM, ATM, DWH

Abstract

Improvement the innovative activities of commercial banks explored in the article. Author’s explanation to innovative banking products and the opinion of scientists on innovation is noted. The latest statistics on users of remote banking services in Uzbekistan for 2012-2021 been provided. Suggestions include the use of blockchain technology, the introduction of CRM, BPM, DWH systems and the use of artificial intelligence for forecasting future product sales.

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References

SCHUMPETER, J.A. 1934, The theory of economic development: an inquiry into profits, capital, credit, interest and the business cycle, Harvard Economic Studies, Vol. 46, Harvard College, Cambridge, MA.

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Hargadon & Sutton, 2000, p. 157; Amabile, Conti, Coon, Lazenby & Herron, 1996, p. 1155

Koh L.V. Principles and mechanisms for increasing the efficiency of banking activities based on the use of innovations: abstract of Ph.D. dis. Dr. economic sciences. Ivanovo, 2010.

Zubchenko, L.A. Financial innovations, monetary policy // Bulletin of banking. Banks: World Experience. - 2009. - No. 4. - P. 31–35.

Marenkov N.L. Banking innovations and new banking products / N.L. Marenkov // Secondary vocational education. - 2005. - No. 9. - P. 49–52.

Spruzhevnikova, M.K. Modeling the process of introducing new banking products on the example of plastic cards / M.K. Spruzhevnikova // Finance and Credit. - 2002. - No. 22. - P.51–59

Resolution of the President of the Republic of Uzbekistan No. PP-4699 of 28.04.2020 "On measures for the widespread introduction of the digital economy and e-government"

Internet banking: monograph / О. B. B. Sattarov, M. R. Tangishov. - Tashkent: Sharq, 2014. - 144 p.

www.cbu.uz – official website of Central bank of Uzbekistan.

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Published

2021-12-27

How to Cite

Rasulovich, . T. M. . (2021). Improving the Innovative Activity of Commercial Banks. American Journal of Economics and Business Management, 4(10), 62–66. https://doi.org/10.31150/ajebm.v4i10.675

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