Open AccessPROBLEMS IN THE BANKING SECTOR OF THE KYRGYZ REPUBLIC AND THEIR SOLUTION
Author(s) -
A.A.Beksultanov,
Z.T. Duyshenalieva
Publication year - 2019
Publication title -
vestnik kyrgyzskogo gosudarstvennogo universiteta stroitelʹstva, transporta i arhitektury im.n.isanova/n.isanov atyndagy kyrgyz mamlekettik kuruluš,transport žana arhitektura universitetinin žarčysy
Language(s) - English
Resource type - Journals
eISSN - 1694-8181
pISSN - 1694-5298
DOI - 10.35803/1694-5298.2019.4.686-692
Subject(s) - obsolescence , financial system , business , national bank , control (management) , work (physics) , financial sector , element (criminal law) , financial market , state (computer science) , financial regulation , finance , economics , engineering , political science , computer science , mechanical engineering , management , algorithm , marketing , law
In each developed state, the Central National Bank is considered the main element of financial resources. It is a legal and authorized, legal and monetary policy. Effective work of the Central National Bank, close cooperation with commercial banks, tightened control over financial markets, leads to the effective development of the banking system. To date, control over the banking system, the role of the National Bank, relations with commercial banks have not been fully studied. This, in turn, is part of the problem of economic and financial sector development and requires comprehensive study. First, changes in the macroeconomic situation in the future will depend on the characteristics of the banking system. Secondly, the speed of introducing new technologies and their distribution in the global financial markets, changes in the financial sector is happening at a high speed. In this connection, the risk of "obsolescence" is growing.