Mortgage Loans in Uzbekistan and Their Improvement
Keywords:
banking system, non-banking organizations, social protection, housing construction, mortgage lending, commercial banks, interest ratesAbstract
The article analyzes the practice of issuing mortgage loans by commercial banks in the Republic of Uzbekistan, modern methods, the current state of mortgage lending by commercial banks in the country, and provides recommendations for its further improvement.
References
1. Decree of the President of the Republic of Uzbekistan dated February 21, 2024 No. PF-37 “On the State Program for the Implementation of the Strategy “Uzbekistan — 2030” in the “Year of Youth and Business Support”
2. Decree of the President of the Republic of Uzbekistan dated April 30, 2024 No. PF-70 “On Additional Measures to Improve the Mechanisms for Allocating Mortgage Loans in 2024 and Improve the Housing Conditions of the Population”
3. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated October 21, 2024 No. 691 “On Approval of the Regulation on the Procedure for Allocating Mortgage Loans to Persons Included in the Poverty Alleviation Program and in Need of Improving Housing Conditions Based on the Recommendations of the “Mahalla Seven””.
4. Review of Mortgage Loans of the Central Bank of the Republic of Uzbekistan. For 2024.
5. Zharkovskaya. E.P. Bankovskoe delo: Ucheb. - M: "OMEGA-L", 2008 – 476 p.
6. Minakov I.V. Problemy razvitiya ipotechnogo kreditovaniya v RF. M.: Laboratory Book. 2011. 121 p.
7. Abdullaev M.A., Orlov A.A., Rimsky A.A., Bu Hassan Khossam. Mortgage. Organization of ipotechnogo kreditovaniya. Uchebnoe posobie. M.: MIIT. 2003. 244 p.
8. Toymukhamedov I.R. et al. The Role of Bank Investment Loans in Increasing the Export Potential of Uzbekistan Enterprises //Spanish Journal of Innovation and Integrity. - 2022. - T. 5. - S. 356-361.
9. Zvyagintsev V. Problemy i perspektivy ipotechnogo kreditovaniya v Rossii. M.: Laboratory Book. 2010. 35 p.
10. Zhukov E.T. Dolgosrochnoe ipotechnoe zhilishchnoe kreditovanie. Prakticheskoe posobie. M.: Laboratory Book. 2009. 93 p.
11. Toymukhamedov, I. (2020). Banking. Archive of Scientific Research, 1(21). izvlecheno ot https://ejournal.tsue.uz/index.php/archive/article/view/2329
12. Asaul A.N., Ivanov S.N., Stravoytov M.K. Economics is immovable. Uchebnik dlya vuzov.-3-e izd.ispravl. SPb: ANO "IPEV". 2009. 304 p.
13. Dovidenko I.V., Chernyak V.Z. Mortgage. Administration. Organization. Otsenka: Ucheb.posobie dlya studentov vuzov.- M.: Unit-DANA. 2012. 464 p.
14. Toymukhamedov, I., & Jumaev, I. (2024). The activity of commercial banks in the financial market of the Republic of Uzbekistan: problems and solutions. Green economy and development, 1(4). Retrieved from https://yashil-iqtisodiyot-taraqqiyot.uz/journal/index.php/GED/article/view/1668
15. Toymukhamedov, I. R. ., Norov, A. R. ., Ibodullayeva, M. T. qizi ., Bekmurodova, G. ., & Farmanova, U. A. qizi . (2023). Prospects of Implementing Islamic Financial Mechanisms to Uzbekistan. European journal of business startups and open society, 3(2), 34–41. Retrieved from https://www.inovatus.es/index.php/ejbsos/article/view/1443
16. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated November 11, 2024 No. VNK-749 "On Amendments and Addenda to Certain Resolutions of the Government of the Republic of Uzbekistan in Connection with the Improvement of the Mechanisms for Allocating Mortgage Loans".
17. Statistical Bulletin of the Central Bank of the Republic of Uzbekistan December 2024.
18. Decree of the President of the Republic of Uzbekistan dated February 21, 2025 "On Additional Measures for the Further Development of the Housing and Mortgage Market"