EFFICIENT USE OF CREDIT FUNDS IN ENTERPRISES AND THE ROLE OF FOREIGN PRACTICE
Keywords:
Financial institutions, Banking system, foreign experience, credit policy, credit risk, digital lending, financial inclusion, economic development, institutional reforms.Abstract
The research highlights the pivotal role of credit resources in stimulating production growth, technological modernization, and overall economic development. Effective utilization of credit capital ensures sustainable business operations and strengthens financial stability.
Key foreign practices include structured financing, risk-based lending, and performance monitoring mechanisms. The paper analyzes international experience in credit management, emphasizing models that optimize resource allocation, reduce financial risks, and enhance profitability.
By comparing domestic and international approaches, the study identifies best practices suitable for adaptation in Uzbek manufacturing enterprises. Integration of digital financial technologies and transparent reporting systems is emphasized to improve efficiency.
Institutional support, regulatory improvements, and staff training are identified as critical success factors. The research demonstrates that applying advanced international credit management techniques can support small and medium enterprises, increase investment attractiveness, and foster innovation.
In conclusion, the adoption of foreign experience in credit utilization contributes to the sustainable development of industrial enterprises, promotes financial discipline, and strengthens Uzbekistan’s position in the global economic landscape. This study provides practical recommendations for policymakers, bankers, and enterprise managers to enhance the effectiveness of credit resource management.
References
