Crediting Small Business Entities: Problems and Ways to Solve Them
Keywords:
commercial bank, small business, creditAbstract
Improving the crediting practices of small business entities is a necessary condition for ensuring the continuity of their activities and for the technical and technological re-equipment. This creates the need to identify urgent problems related to the improvement of this practice and to develop scientifically based solutions to address them.
The article identifies urgent problems related to the improvement of the crediting practices of small business entities by banks in Uzbekistan and develops scientific proposals aimed at solving them.
References
1. The Decree of the President of the Republic of Uzbekistan dated March 19, 2025, No. PF-50. Measures to enhance the role of small and medium-sized businesses in the economy // National database of legislative information of the Republic of Uzbekistan: 06/25/50/0272.
2. Allen F., Gale D. Comparing Financial Systems. – Cambridge, Mass: MIT Press, 2000. – P. 42.
3. Snyder D., Brian T. Scoring in the Lending to Small and Medium Enterprises // Money and Credit. – Moscow, 2011. – No. 10. – P. 59.
4. Sinky J. Financial Management in Commercial Banking and the Financial Services Industry. Translated from English. – Moscow: Alpina Publisher, 2017. – P. 590-591.
5. Chanel-Reynaud G., Bloy E. The Bank and the Risk of SMEs. – Presses Universitaires de Lyon, 2001. – P. 39-40.
6. Safaryan V.R. Factoring as a Source of Financing for Small Enterprises // Money and Credit. – Moscow, 2013. – No. 2. – P. 73.
7. Stakhnyuk A.V. Small Business: The Problem of Access to Credit // Money and Credit. – Moscow, 2010. - No. 3. - P. 25-26.
8. Rakhmonov I.H. Ways to Improve Microfinance Services in the Republic of Uzbekistan. PhD thesis abstract. – Tashkent, 2011. – P. 16.
9. Alimardonov I.M. Improving the Methodological and Practical Foundations of Lending to Small Business Entities. PhD thesis abstract. – Tashkent, 2018. – P. 28.
10. Vakhabov A.V. The Role of the Banking System in Improving the Living Standards of Rural Population // Materials of the International Scientific-Practical Conference on the Topic "The Role of the Banking and Financial System in Rural Development and Improving the Living Standards of the Population". – Tashkent: Finance, 2009. – P. 22.
11. Decree No. PF-21 of the President of the Republic of Uzbekistan dated February 10, 2023. On the criteria for classifying business entities and measures to further improve tax policy and tax administration // National Database of Legislative Information, 10.02.2023, 06/23/21/0085; 08.11.2023, 06/23/188/0835; 11.11.2023, 06/23/193/0844.
12. Catao L., Terrones M. Fiscal Deficits and Inflation // Working Paper. 65. IMF. – P. 63 - 67. Hess G., Morris C. The Long Run Costs of Moderate Inflation // Federal Reserve Bank of Kansas City Economic Review. 1996. Second Quarter. – P. 71-88.
