Baku, Azerbaijan, June 18
By Fakhri Vakilov – Trend:
To widespread introduction of digital technologies in the banking sector of Uzbekistan, the Concept of digital banking development was implemented in the period from 2018-2020, the priority goal of which is to expand the range and improve the quality of digital banking services and increase their accessibility for the population, first Deputy Chairman of the Central Bank of Uzbekistan, Ilkhom Norkulov told Trend in an interview.
Norkulov noted that digitalization of the economy implies, among other things, the introduction of modern information and communication technologies in all sectors of the economy and, often, the formation of new industrial and business relations between legal entities and individuals.
“Proceeding from this, the digitalization of any sector of the economy is not a one-time act, but is carried out taking into account international experience, achievable efficiency and quality improvement, for example, services provided to the population,” Norkulov said.
Furthermore, effective digitalization of any industry is accompanied by increased legal, financial and technological literacy of entrepreneurs and the public.
Thus, by the resolution of the President of Uzbekistan dated July 3, 2018, it was established that the National Authority for Project Management is the authorized body for the introduction and development of the digital economy.
The authorized body is carrying out an active work to:
-increase in the number of active users of remote banking services, including banking services provided by mobile applications of commercial banks, as well as products and services available to individuals and legal entities through these systems;
-develop payment systems and payment services infrastructure, including an increase in the efficiency of use of bank cards;
- introduce global best practices in the field of digital banking;
- create and maintain the necessary level of stability and security of the functioning of digital technologies in the financial sector of the economy.
The first deputy chairman of the Central Bank said that in reality there are technological, technical and personnel problems that impede digitalization, which are successfully solved as needed.
Such problems include weak provision of high-speed internet, a shortage of highly qualified specialists, insufficient legal and financial literacy of the population.
The tasks that are currently needed to be resolved In the banking sector are the issues of regulation and regulatory support of payment systems and the interbank system for remote customer identification.
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