DIGITAL FINANCIAL TECHNOLOGIES AS A CATALYST FOR FINANCIAL INCLUSION AND SUSTAINABLE DEVELOPMENT IN THE BANKING SECTOR OF UZBEKISTAN

Abstract

This paper explores the transformative impact of digital financial technologies (FinTech) on the banking sector of Uzbekistan, with a focus on promoting financial inclusion and supporting the country’s sustainable economic development goals. As Uzbekistan undergoes rapid digital transformation, the integration of innovative tools—such as mobile banking, digital wallets, AI-driven financial platforms, and blockchain—offers new opportunities to expand access to financial services, reduce transaction costs, enhance transparency, and bridge the financial gap between urban and rural populations. The study examines key trends, government reforms, barriers to adoption, and presents policy recommendations to strengthen the national FinTech ecosystem in line with the United Nations Sustainable Development Goals (SDGs).