Independent researcher of the Tashkent Institute of Finance
Abstract. Improving the standard of living of the population in Uzbekistan, satisfying the needs for banking services as fully as possible, fully using modern and innovative banking services, and ensuring the employment of the population and obtaining a permanent source of income, banks are paying attention to retail lending to individuals. In the strategy of reforming the banking system of the Republic of Uzbekistan, “…optimization of service processes and the introduction of modular (“uniform”) credit products and the expansion of the types of fast and low-cost retail banking services, further improvement of scoring systems of banks by increasing their share in the bank’s loan portfolio” are defined as one of the important directions. Creating an attractive environment for retail lending by banks, improving the quality of retail lending management and risk management in banks, strengthening the financial intermediary role of banks and further improving the retail lending procedure, substantiating proposals and recommendations aimed at strengthening the measures of applying financial technologies to the banking system, and improving the effectiveness of retail lending by banks are among the urgent issues of today. In the article, the practice of retail lending of banks and the foundations of its organization, the econometric analysis of the factors affecting the dynamics of retail lending is scientifically substantiated.
Keywords: banking services, retail banking services, retail loans, retail credit performance, problem loans, bank income and expenses, loan portfolio, correlation matrix, descriptive statistics, econometric model, regression equation.