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The role of systemically significant banks in the stabilization of the market of financial services in the conditions of global transformation are discussed in the article. The essence of financial markets and the importance of financial services markets in ensuring macroeconomic stabilization in the country are analyzed. The interaction of systemically important banks and the financial services market, their features are considered. The role of systemically important banks to ensure the continuous turnover of financial resources and funds in the financial services market is disclosed. The rationality of the functions of systemically important banks in attracting deposit funds and credit services organizations was noted. The functions of systemically important banks are analyzed and their characteristics are considered. The state of development of the banking system of Azerbaijan and the role of a number of systemically important banks in ensuring financial stability in the country are considered. A number of proposals and recommendations on the role of systemically important banks in the stabilization of the financial services market in the context of global transformations are summarized and given.

THE ROLE OF SYSTEMICALLY SIGNIFICANT BANKS IN THE STABILIZATION OF THE MARKET OF FINANCIAL SERVICES IN THE CONDITIONS OF GLOBAL TRANSFORMATION