id	sid	tid	token	lemma	pos
ajbmeb-3184	1	1	american	american	PROPN
ajbmeb-3184	1	2	journal	journal	PROPN
ajbmeb-3184	1	3	of	of	ADP
ajbmeb-3184	1	4	business	business	NOUN
ajbmeb-3184	1	5	management	management	NOUN
ajbmeb-3184	1	6	,	,	PUNCT
ajbmeb-3184	1	7	economics	economic	NOUN
ajbmeb-3184	1	8	and	and	CCONJ
ajbmeb-3184	1	9	banking	banking	NOUN
ajbmeb-3184	1	10	issn	issn	PROPN
ajbmeb-3184	1	11	(	(	PUNCT
ajbmeb-3184	1	12	e	e	NOUN
ajbmeb-3184	1	13	):	):	PUNCT
ajbmeb-3184	1	14	2832	2832	NUM
ajbmeb-3184	1	15	-	-	SYM
ajbmeb-3184	1	16	8078	8078	NUM
ajbmeb-3184	1	17	volume	volume	NOUN
ajbmeb-3184	1	18	43	43	NUM
ajbmeb-3184	1	19	,	,	PUNCT
ajbmeb-3184	1	20	december	december	PROPN
ajbmeb-3184	1	21	2025	2025	NUM
ajbmeb-3184	1	22	p	p	NOUN
ajbmeb-3184	2	1	a	a	DET
ajbmeb-3184	2	2	g	g	NOUN
ajbmeb-3184	2	3	e	e	NOUN
ajbmeb-3184	2	4	|	|	ADV
ajbmeb-3184	2	5	1	1	NUM
ajbmeb-3184	2	6	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	2	7	development	development	NOUN
ajbmeb-3184	2	8	trends	trend	NOUN
ajbmeb-3184	2	9	in	in	ADP
ajbmeb-3184	2	10	asset	asset	NOUN
ajbmeb-3184	2	11	operations	operation	NOUN
ajbmeb-3184	2	12	of	of	ADP
ajbmeb-3184	2	13	commercial	commercial	ADJ
ajbmeb-3184	2	14	banks	bank	NOUN
ajbmeb-3184	2	15	to‘ychiev	to‘ychiev	ADV
ajbmeb-3184	2	16	otabek	otabek	VERB
ajbmeb-3184	2	17	shamshievich	shamshievich	NOUN
ajbmeb-3184	2	18	chief	chief	ADJ
ajbmeb-3184	2	19	accountant	accountant	NOUN
ajbmeb-3184	2	20	of	of	ADP
ajbmeb-3184	2	21	the	the	DET
ajbmeb-3184	2	22	business	business	NOUN
ajbmeb-3184	2	23	client	client	NOUN
ajbmeb-3184	2	24	services	service	NOUN
ajbmeb-3184	2	25	and	and	CCONJ
ajbmeb-3184	2	26	business	business	NOUN
ajbmeb-3184	2	27	support	support	NOUN
ajbmeb-3184	2	28	group	group	NOUN
ajbmeb-3184	2	29	at	at	ADP
ajbmeb-3184	2	30	the	the	DET
ajbmeb-3184	2	31	tashkent	tashkent	ADJ
ajbmeb-3184	2	32	regional	regional	ADJ
ajbmeb-3184	2	33	main	main	ADJ
ajbmeb-3184	2	34	department	department	NOUN
ajbmeb-3184	2	35	of	of	ADP
ajbmeb-3184	2	36	“	"	PUNCT
ajbmeb-3184	2	37	o‘zmilliybank	o‘zmilliybank	PROPN
ajbmeb-3184	2	38	”	"	PUNCT
ajbmeb-3184	2	39	jsc	jsc	NOUN
ajbmeb-3184	2	40	a	a	DET
ajbmeb-3184	2	41	b	b	PROPN
ajbmeb-3184	2	42	s	s	ADP
ajbmeb-3184	2	43	t	t	PROPN
ajbmeb-3184	2	44	r	r	NOUN
ajbmeb-3184	2	45	a	a	DET
ajbmeb-3184	2	46	c	c	NOUN
ajbmeb-3184	2	47	t	t	NOUN
ajbmeb-3184	2	48	k	k	X
ajbmeb-3184	2	49	e	e	PROPN
ajbmeb-3184	2	50	y	y	PROPN
ajbmeb-3184	2	51	w	w	NOUN
ajbmeb-3184	2	52	o	o	NOUN
ajbmeb-3184	2	53	r	r	NOUN
ajbmeb-3184	2	54	d	d	PROPN
ajbmeb-3184	2	55	s	s	VERB
ajbmeb-3184	2	56	this	this	DET
ajbmeb-3184	2	57	study	study	NOUN
ajbmeb-3184	2	58	examines	examine	VERB
ajbmeb-3184	2	59	the	the	DET
ajbmeb-3184	2	60	development	development	NOUN
ajbmeb-3184	2	61	trends	trend	NOUN
ajbmeb-3184	2	62	of	of	ADP
ajbmeb-3184	2	63	commercial	commercial	ADJ
ajbmeb-3184	2	64	banks	bank	NOUN
ajbmeb-3184	2	65	’	’	PART
ajbmeb-3184	2	66	active	active	ADJ
ajbmeb-3184	2	67	operations	operation	NOUN
ajbmeb-3184	2	68	in	in	ADP
ajbmeb-3184	2	69	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	2	70	,	,	PUNCT
ajbmeb-3184	2	71	with	with	ADP
ajbmeb-3184	2	72	a	a	DET
ajbmeb-3184	2	73	particular	particular	ADJ
ajbmeb-3184	2	74	focus	focus	NOUN
ajbmeb-3184	2	75	on	on	ADP
ajbmeb-3184	2	76	the	the	DET
ajbmeb-3184	2	77	role	role	NOUN
ajbmeb-3184	2	78	of	of	ADP
ajbmeb-3184	2	79	the	the	DET
ajbmeb-3184	2	80	national	national	PROPN
ajbmeb-3184	2	81	bank	bank	PROPN
ajbmeb-3184	2	82	.	.	PUNCT
ajbmeb-3184	3	1	the	the	DET
ajbmeb-3184	3	2	analysis	analysis	NOUN
ajbmeb-3184	3	3	highlights	highlight	VERB
ajbmeb-3184	3	4	the	the	DET
ajbmeb-3184	3	5	growing	grow	VERB
ajbmeb-3184	3	6	importance	importance	NOUN
ajbmeb-3184	3	7	of	of	ADP
ajbmeb-3184	3	8	credit	credit	NOUN
ajbmeb-3184	3	9	operations	operation	NOUN
ajbmeb-3184	3	10	,	,	PUNCT
ajbmeb-3184	3	11	investment	investment	NOUN
ajbmeb-3184	3	12	activities	activity	NOUN
ajbmeb-3184	3	13	,	,	PUNCT
ajbmeb-3184	3	14	and	and	CCONJ
ajbmeb-3184	3	15	interbank	interbank	NOUN
ajbmeb-3184	3	16	placements	placement	NOUN
ajbmeb-3184	3	17	in	in	ADP
ajbmeb-3184	3	18	shaping	shape	VERB
ajbmeb-3184	3	19	the	the	DET
ajbmeb-3184	3	20	structure	structure	NOUN
ajbmeb-3184	3	21	of	of	ADP
ajbmeb-3184	3	22	banking	banking	NOUN
ajbmeb-3184	3	23	assets	asset	NOUN
ajbmeb-3184	3	24	.	.	PUNCT
ajbmeb-3184	4	1	special	special	ADJ
ajbmeb-3184	4	2	attention	attention	NOUN
ajbmeb-3184	4	3	is	be	AUX
ajbmeb-3184	4	4	given	give	VERB
ajbmeb-3184	4	5	to	to	ADP
ajbmeb-3184	4	6	the	the	DET
ajbmeb-3184	4	7	strategic	strategic	ADJ
ajbmeb-3184	4	8	measures	measure	NOUN
ajbmeb-3184	4	9	undertaken	undertake	VERB
ajbmeb-3184	4	10	to	to	PART
ajbmeb-3184	4	11	enhance	enhance	VERB
ajbmeb-3184	4	12	human	human	ADJ
ajbmeb-3184	4	13	capital	capital	NOUN
ajbmeb-3184	4	14	,	,	PUNCT
ajbmeb-3184	4	15	including	include	VERB
ajbmeb-3184	4	16	the	the	DET
ajbmeb-3184	4	17	establishment	establishment	NOUN
ajbmeb-3184	4	18	of	of	ADP
ajbmeb-3184	4	19	corporate	corporate	ADJ
ajbmeb-3184	4	20	academies	academy	NOUN
ajbmeb-3184	4	21	and	and	CCONJ
ajbmeb-3184	4	22	large	large	ADJ
ajbmeb-3184	4	23	-	-	PUNCT
ajbmeb-3184	4	24	scale	scale	NOUN
ajbmeb-3184	4	25	investments	investment	NOUN
ajbmeb-3184	4	26	in	in	ADP
ajbmeb-3184	4	27	staff	staff	NOUN
ajbmeb-3184	4	28	training	training	NOUN
ajbmeb-3184	4	29	,	,	PUNCT
ajbmeb-3184	4	30	which	which	PRON
ajbmeb-3184	4	31	improve	improve	VERB
ajbmeb-3184	4	32	institutional	institutional	ADJ
ajbmeb-3184	4	33	efficiency	efficiency	NOUN
ajbmeb-3184	4	34	and	and	CCONJ
ajbmeb-3184	4	35	align	align	VERB
ajbmeb-3184	4	36	banking	banking	NOUN
ajbmeb-3184	4	37	practices	practice	NOUN
ajbmeb-3184	4	38	with	with	ADP
ajbmeb-3184	4	39	international	international	ADJ
ajbmeb-3184	4	40	standards	standard	NOUN
ajbmeb-3184	4	41	.	.	PUNCT
ajbmeb-3184	5	1	commercial	commercial	ADJ
ajbmeb-3184	5	2	banks	bank	NOUN
ajbmeb-3184	5	3	,	,	PUNCT
ajbmeb-3184	5	4	active	active	ADJ
ajbmeb-3184	5	5	operations	operation	NOUN
ajbmeb-3184	5	6	,	,	PUNCT
ajbmeb-3184	5	7	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	5	8	,	,	PUNCT
ajbmeb-3184	5	9	credit	credit	NOUN
ajbmeb-3184	5	10	operations	operation	NOUN
ajbmeb-3184	5	11	,	,	PUNCT
ajbmeb-3184	5	12	investments	investment	NOUN
ajbmeb-3184	5	13	,	,	PUNCT
ajbmeb-3184	5	14	asset	asset	NOUN
ajbmeb-3184	5	15	structure	structure	NOUN
ajbmeb-3184	5	16	,	,	PUNCT
ajbmeb-3184	5	17	financial	financial	ADJ
ajbmeb-3184	5	18	stability	stability	NOUN
ajbmeb-3184	5	19	,	,	PUNCT
ajbmeb-3184	5	20	human	human	ADJ
ajbmeb-3184	5	21	capital	capital	NOUN
ajbmeb-3184	5	22	,	,	PUNCT
ajbmeb-3184	5	23	corporate	corporate	ADJ
ajbmeb-3184	5	24	academy	academy	NOUN
ajbmeb-3184	5	25	,	,	PUNCT
ajbmeb-3184	5	26	innovation	innovation	NOUN
ajbmeb-3184	5	27	,	,	PUNCT
ajbmeb-3184	5	28	digital	digital	ADJ
ajbmeb-3184	5	29	banking	banking	NOUN
ajbmeb-3184	5	30	,	,	PUNCT
ajbmeb-3184	5	31	it	it	PRON
ajbmeb-3184	5	32	systems	system	NOUN
ajbmeb-3184	5	33	,	,	PUNCT
ajbmeb-3184	5	34	risk	risk	NOUN
ajbmeb-3184	5	35	management	management	NOUN
ajbmeb-3184	5	36	,	,	PUNCT
ajbmeb-3184	5	37	sustainable	sustainable	ADJ
ajbmeb-3184	5	38	growth	growth	NOUN
ajbmeb-3184	5	39	.	.	PUNCT
ajbmeb-3184	6	1	introduction	introduction	NOUN
ajbmeb-3184	6	2	in	in	ADP
ajbmeb-3184	6	3	ensuring	ensure	VERB
ajbmeb-3184	6	4	the	the	DET
ajbmeb-3184	6	5	stable	stable	ADJ
ajbmeb-3184	6	6	development	development	NOUN
ajbmeb-3184	6	7	of	of	ADP
ajbmeb-3184	6	8	the	the	DET
ajbmeb-3184	6	9	national	national	ADJ
ajbmeb-3184	6	10	economy	economy	NOUN
ajbmeb-3184	6	11	and	and	CCONJ
ajbmeb-3184	6	12	the	the	DET
ajbmeb-3184	6	13	effective	effective	ADJ
ajbmeb-3184	6	14	functioning	functioning	NOUN
ajbmeb-3184	6	15	of	of	ADP
ajbmeb-3184	6	16	the	the	DET
ajbmeb-3184	6	17	financial	financial	ADJ
ajbmeb-3184	6	18	system	system	NOUN
ajbmeb-3184	6	19	,	,	PUNCT
ajbmeb-3184	6	20	commercial	commercial	ADJ
ajbmeb-3184	6	21	banks	bank	NOUN
ajbmeb-3184	6	22	play	play	VERB
ajbmeb-3184	6	23	a	a	DET
ajbmeb-3184	6	24	crucial	crucial	ADJ
ajbmeb-3184	6	25	role	role	NOUN
ajbmeb-3184	6	26	.	.	PUNCT
ajbmeb-3184	7	1	the	the	DET
ajbmeb-3184	7	2	main	main	ADJ
ajbmeb-3184	7	3	activities	activity	NOUN
ajbmeb-3184	7	4	of	of	ADP
ajbmeb-3184	7	5	banks	bank	NOUN
ajbmeb-3184	7	6	consist	consist	VERB
ajbmeb-3184	7	7	of	of	ADP
ajbmeb-3184	7	8	their	their	PRON
ajbmeb-3184	7	9	active	active	ADJ
ajbmeb-3184	7	10	and	and	CCONJ
ajbmeb-3184	7	11	passive	passive	ADJ
ajbmeb-3184	7	12	operations	operation	NOUN
ajbmeb-3184	7	13	.	.	PUNCT
ajbmeb-3184	8	1	among	among	ADP
ajbmeb-3184	8	2	them	they	PRON
ajbmeb-3184	8	3	,	,	PUNCT
ajbmeb-3184	8	4	active	active	ADJ
ajbmeb-3184	8	5	operations	operation	NOUN
ajbmeb-3184	8	6	—	—	PUNCT
ajbmeb-3184	8	7	that	that	ADV
ajbmeb-3184	8	8	is	is	ADV
ajbmeb-3184	8	9	,	,	PUNCT
ajbmeb-3184	8	10	the	the	DET
ajbmeb-3184	8	11	allocation	allocation	NOUN
ajbmeb-3184	8	12	of	of	ADP
ajbmeb-3184	8	13	bank	bank	NOUN
ajbmeb-3184	8	14	resources	resource	NOUN
ajbmeb-3184	8	15	,	,	PUNCT
ajbmeb-3184	8	16	lending	lending	NOUN
ajbmeb-3184	8	17	,	,	PUNCT
ajbmeb-3184	8	18	investment	investment	NOUN
ajbmeb-3184	8	19	,	,	PUNCT
ajbmeb-3184	8	20	and	and	CCONJ
ajbmeb-3184	8	21	other	other	ADJ
ajbmeb-3184	8	22	income	income	NOUN
ajbmeb-3184	8	23	-	-	PUNCT
ajbmeb-3184	8	24	generating	generate	VERB
ajbmeb-3184	8	25	activities	activity	NOUN
ajbmeb-3184	8	26	—	—	PUNCT
ajbmeb-3184	8	27	have	have	VERB
ajbmeb-3184	8	28	a	a	DET
ajbmeb-3184	8	29	direct	direct	ADJ
ajbmeb-3184	8	30	impact	impact	NOUN
ajbmeb-3184	8	31	on	on	ADP
ajbmeb-3184	8	32	the	the	DET
ajbmeb-3184	8	33	economy	economy	NOUN
ajbmeb-3184	8	34	.	.	PUNCT
ajbmeb-3184	9	1	in	in	ADP
ajbmeb-3184	9	2	a	a	DET
ajbmeb-3184	9	3	market	market	NOUN
ajbmeb-3184	9	4	economy	economy	NOUN
ajbmeb-3184	9	5	,	,	PUNCT
ajbmeb-3184	9	6	the	the	DET
ajbmeb-3184	9	7	financial	financial	ADJ
ajbmeb-3184	9	8	support	support	NOUN
ajbmeb-3184	9	9	of	of	ADP
ajbmeb-3184	9	10	enterprises	enterprise	NOUN
ajbmeb-3184	9	11	and	and	CCONJ
ajbmeb-3184	9	12	organizations	organization	NOUN
ajbmeb-3184	9	13	,	,	PUNCT
ajbmeb-3184	9	14	the	the	DET
ajbmeb-3184	9	15	population	population	NOUN
ajbmeb-3184	9	16	’s	’s	PART
ajbmeb-3184	9	17	demand	demand	NOUN
ajbmeb-3184	9	18	for	for	ADP
ajbmeb-3184	9	19	consumer	consumer	NOUN
ajbmeb-3184	9	20	loans	loan	NOUN
ajbmeb-3184	9	21	,	,	PUNCT
ajbmeb-3184	9	22	as	as	ADV
ajbmeb-3184	9	23	well	well	ADV
ajbmeb-3184	9	24	as	as	ADP
ajbmeb-3184	9	25	the	the	DET
ajbmeb-3184	9	26	implementation	implementation	NOUN
ajbmeb-3184	9	27	of	of	ADP
ajbmeb-3184	9	28	investment	investment	NOUN
ajbmeb-3184	9	29	projects	project	NOUN
ajbmeb-3184	9	30	,	,	PUNCT
ajbmeb-3184	9	31	increasingly	increasingly	ADV
ajbmeb-3184	9	32	necessitate	necessitate	ADJ
ajbmeb-3184	9	33	the	the	DET
ajbmeb-3184	9	34	development	development	NOUN
ajbmeb-3184	9	35	of	of	ADP
ajbmeb-3184	9	36	active	active	ADJ
ajbmeb-3184	9	37	operations	operation	NOUN
ajbmeb-3184	9	38	of	of	ADP
ajbmeb-3184	9	39	commercial	commercial	ADJ
ajbmeb-3184	9	40	banks	bank	NOUN
ajbmeb-3184	9	41	.	.	PUNCT
ajbmeb-3184	10	1	therefore	therefore	ADV
ajbmeb-3184	10	2	,	,	PUNCT
ajbmeb-3184	10	3	the	the	DET
ajbmeb-3184	10	4	improvement	improvement	NOUN
ajbmeb-3184	10	5	of	of	ADP
ajbmeb-3184	10	6	banks	bank	NOUN
ajbmeb-3184	10	7	’	'	PUNCT
ajbmeb-3184	10	8	activities	activity	NOUN
ajbmeb-3184	10	9	in	in	ADP
ajbmeb-3184	10	10	this	this	DET
ajbmeb-3184	10	11	area	area	NOUN
ajbmeb-3184	10	12	serves	serve	VERB
ajbmeb-3184	10	13	not	not	PART
ajbmeb-3184	10	14	only	only	ADV
ajbmeb-3184	10	15	the	the	DET
ajbmeb-3184	10	16	stability	stability	NOUN
ajbmeb-3184	10	17	of	of	ADP
ajbmeb-3184	10	18	the	the	DET
ajbmeb-3184	10	19	financial	financial	ADJ
ajbmeb-3184	10	20	sector	sector	NOUN
ajbmeb-3184	10	21	but	but	CCONJ
ajbmeb-3184	10	22	also	also	ADV
ajbmeb-3184	10	23	the	the	DET
ajbmeb-3184	10	24	competitiveness	competitiveness	NOUN
ajbmeb-3184	10	25	of	of	ADP
ajbmeb-3184	10	26	the	the	DET
ajbmeb-3184	10	27	entire	entire	ADJ
ajbmeb-3184	10	28	economy	economy	NOUN
ajbmeb-3184	10	29	.	.	PUNCT
ajbmeb-3184	11	1	according	accord	VERB
ajbmeb-3184	11	2	to	to	ADP
ajbmeb-3184	11	3	the	the	DET
ajbmeb-3184	11	4	data	datum	NOUN
ajbmeb-3184	11	5	of	of	ADP
ajbmeb-3184	11	6	the	the	DET
ajbmeb-3184	11	7	central	central	ADJ
ajbmeb-3184	11	8	bank	bank	PROPN
ajbmeb-3184	11	9	of	of	ADP
ajbmeb-3184	11	10	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	11	11	,	,	PUNCT
ajbmeb-3184	11	12	the	the	DET
ajbmeb-3184	11	13	volume	volume	NOUN
ajbmeb-3184	11	14	of	of	ADP
ajbmeb-3184	11	15	commercial	commercial	ADJ
ajbmeb-3184	11	16	banks	bank	NOUN
ajbmeb-3184	11	17	’	'	PUNCT
ajbmeb-3184	11	18	active	active	ADJ
ajbmeb-3184	11	19	operations	operation	NOUN
ajbmeb-3184	11	20	amounted	amount	VERB
ajbmeb-3184	11	21	to	to	ADP
ajbmeb-3184	11	22	769.3	769.3	NUM
ajbmeb-3184	11	23	trillion	trillion	NUM
ajbmeb-3184	11	24	uzs	uzs	NOUN
ajbmeb-3184	11	25	in	in	ADP
ajbmeb-3184	11	26	2025	2025	NUM
ajbmeb-3184	11	27	,	,	PUNCT
ajbmeb-3184	11	28	which	which	PRON
ajbmeb-3184	11	29	represents	represent	VERB
ajbmeb-3184	11	30	a	a	DET
ajbmeb-3184	11	31	38.2	38.2	NUM
ajbmeb-3184	11	32	percent	percent	NOUN
ajbmeb-3184	11	33	increase	increase	NOUN
ajbmeb-3184	11	34	compared	compare	VERB
ajbmeb-3184	11	35	to	to	ADP
ajbmeb-3184	11	36	the	the	DET
ajbmeb-3184	11	37	indicators	indicator	NOUN
ajbmeb-3184	11	38	of	of	ADP
ajbmeb-3184	11	39	2023	2023	NUM
ajbmeb-3184	11	40	.	.	PUNCT
ajbmeb-3184	12	1	this	this	DET
ajbmeb-3184	12	2	growth	growth	NOUN
ajbmeb-3184	12	3	is	be	AUX
ajbmeb-3184	12	4	primarily	primarily	ADV
ajbmeb-3184	12	5	explained	explain	VERB
ajbmeb-3184	12	6	by	by	ADP
ajbmeb-3184	12	7	the	the	DET
ajbmeb-3184	12	8	expansion	expansion	NOUN
ajbmeb-3184	12	9	of	of	ADP
ajbmeb-3184	12	10	lending	lending	NOUN
ajbmeb-3184	12	11	activities	activity	NOUN
ajbmeb-3184	12	12	,	,	PUNCT
ajbmeb-3184	12	13	the	the	DET
ajbmeb-3184	12	14	financing	financing	NOUN
ajbmeb-3184	12	15	of	of	ADP
ajbmeb-3184	12	16	investment	investment	NOUN
ajbmeb-3184	12	17	projects	project	NOUN
ajbmeb-3184	12	18	,	,	PUNCT
ajbmeb-3184	12	19	and	and	CCONJ
ajbmeb-3184	12	20	the	the	DET
ajbmeb-3184	12	21	rising	rise	VERB
ajbmeb-3184	12	22	demand	demand	NOUN
ajbmeb-3184	12	23	for	for	ADP
ajbmeb-3184	12	24	financial	financial	ADJ
ajbmeb-3184	12	25	resources	resource	NOUN
ajbmeb-3184	12	26	from	from	ADP
ajbmeb-3184	12	27	both	both	DET
ajbmeb-3184	12	28	households	household	NOUN
ajbmeb-3184	12	29	and	and	CCONJ
ajbmeb-3184	12	30	business	business	NOUN
ajbmeb-3184	12	31	entities	entity	NOUN
ajbmeb-3184	12	32	.	.	PUNCT
ajbmeb-3184	13	1	such	such	DET
ajbmeb-3184	13	2	a	a	DET
ajbmeb-3184	13	3	dynamic	dynamic	ADJ
ajbmeb-3184	13	4	increase	increase	NOUN
ajbmeb-3184	13	5	in	in	ADP
ajbmeb-3184	13	6	active	active	ADJ
ajbmeb-3184	13	7	operations	operation	NOUN
ajbmeb-3184	13	8	demonstrates	demonstrate	VERB
ajbmeb-3184	13	9	,	,	PUNCT
ajbmeb-3184	13	10	on	on	ADP
ajbmeb-3184	13	11	the	the	DET
ajbmeb-3184	13	12	one	one	NUM
ajbmeb-3184	13	13	hand	hand	NOUN
ajbmeb-3184	13	14	,	,	PUNCT
ajbmeb-3184	13	15	the	the	DET
ajbmeb-3184	13	16	strengthening	strengthening	NOUN
ajbmeb-3184	13	17	of	of	ADP
ajbmeb-3184	13	18	stability	stability	NOUN
ajbmeb-3184	13	19	and	and	CCONJ
ajbmeb-3184	13	20	the	the	DET
ajbmeb-3184	13	21	intensification	intensification	NOUN
ajbmeb-3184	13	22	of	of	ADP
ajbmeb-3184	13	23	capital	capital	NOUN
ajbmeb-3184	13	24	circulation	circulation	NOUN
ajbmeb-3184	13	25	in	in	ADP
ajbmeb-3184	13	26	the	the	DET
ajbmeb-3184	13	27	national	national	ADJ
ajbmeb-3184	13	28	economy	economy	NOUN
ajbmeb-3184	13	29	,	,	PUNCT
ajbmeb-3184	13	30	and	and	CCONJ
ajbmeb-3184	13	31	on	on	ADP
ajbmeb-3184	13	32	the	the	DET
ajbmeb-3184	13	33	other	other	ADJ
ajbmeb-3184	13	34	hand	hand	NOUN
ajbmeb-3184	13	35	,	,	PUNCT
ajbmeb-3184	13	36	american	american	PROPN
ajbmeb-3184	13	37	journal	journal	PROPN
ajbmeb-3184	13	38	of	of	ADP
ajbmeb-3184	13	39	business	business	NOUN
ajbmeb-3184	13	40	management	management	NOUN
ajbmeb-3184	13	41	,	,	PUNCT
ajbmeb-3184	13	42	economics	economic	NOUN
ajbmeb-3184	13	43	and	and	CCONJ
ajbmeb-3184	13	44	banking	banking	NOUN
ajbmeb-3184	13	45	volume	volume	NOUN
ajbmeb-3184	13	46	43	43	NUM
ajbmeb-3184	14	1	december2025	december2025	PROPN
ajbmeb-3184	14	2	p	p	PROPN
ajbmeb-3184	14	3	a	a	DET
ajbmeb-3184	14	4	g	g	NOUN
ajbmeb-3184	14	5	e	e	NOUN
ajbmeb-3184	14	6	|	|	ADV
ajbmeb-3184	14	7	2	2	NUM
ajbmeb-3184	14	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	14	9	the	the	DET
ajbmeb-3184	14	10	growing	grow	VERB
ajbmeb-3184	14	11	efficiency	efficiency	NOUN
ajbmeb-3184	14	12	of	of	ADP
ajbmeb-3184	14	13	financial	financial	ADJ
ajbmeb-3184	14	14	intermediation	intermediation	NOUN
ajbmeb-3184	14	15	.	.	PUNCT
ajbmeb-3184	15	1	in	in	ADP
ajbmeb-3184	15	2	particular	particular	ADJ
ajbmeb-3184	15	3	,	,	PUNCT
ajbmeb-3184	15	4	the	the	DET
ajbmeb-3184	15	5	expansion	expansion	NOUN
ajbmeb-3184	15	6	of	of	ADP
ajbmeb-3184	15	7	loan	loan	NOUN
ajbmeb-3184	15	8	portfolios	portfolio	NOUN
ajbmeb-3184	15	9	and	and	CCONJ
ajbmeb-3184	15	10	investment	investment	NOUN
ajbmeb-3184	15	11	volumes	volume	NOUN
ajbmeb-3184	15	12	contributes	contribute	VERB
ajbmeb-3184	15	13	to	to	ADP
ajbmeb-3184	15	14	production	production	NOUN
ajbmeb-3184	15	15	processes	process	NOUN
ajbmeb-3184	15	16	,	,	PUNCT
ajbmeb-3184	15	17	the	the	DET
ajbmeb-3184	15	18	creation	creation	NOUN
ajbmeb-3184	15	19	of	of	ADP
ajbmeb-3184	15	20	new	new	ADJ
ajbmeb-3184	15	21	jobs	job	NOUN
ajbmeb-3184	15	22	,	,	PUNCT
ajbmeb-3184	15	23	and	and	CCONJ
ajbmeb-3184	15	24	the	the	DET
ajbmeb-3184	15	25	financing	financing	NOUN
ajbmeb-3184	15	26	of	of	ADP
ajbmeb-3184	15	27	innovative	innovative	ADJ
ajbmeb-3184	15	28	projects	project	NOUN
ajbmeb-3184	15	29	.	.	PUNCT
ajbmeb-3184	16	1	therefore	therefore	ADV
ajbmeb-3184	16	2	,	,	PUNCT
ajbmeb-3184	16	3	the	the	DET
ajbmeb-3184	16	4	development	development	NOUN
ajbmeb-3184	16	5	of	of	ADP
ajbmeb-3184	16	6	commercial	commercial	ADJ
ajbmeb-3184	16	7	banks	bank	NOUN
ajbmeb-3184	16	8	’	’	PART
ajbmeb-3184	16	9	active	active	ADJ
ajbmeb-3184	16	10	operations	operation	NOUN
ajbmeb-3184	16	11	not	not	PART
ajbmeb-3184	16	12	only	only	ADV
ajbmeb-3184	16	13	consolidates	consolidate	VERB
ajbmeb-3184	16	14	the	the	DET
ajbmeb-3184	16	15	stability	stability	NOUN
ajbmeb-3184	16	16	of	of	ADP
ajbmeb-3184	16	17	the	the	DET
ajbmeb-3184	16	18	banking	banking	NOUN
ajbmeb-3184	16	19	system	system	NOUN
ajbmeb-3184	16	20	but	but	CCONJ
ajbmeb-3184	16	21	also	also	ADV
ajbmeb-3184	16	22	serves	serve	VERB
ajbmeb-3184	16	23	as	as	ADP
ajbmeb-3184	16	24	a	a	DET
ajbmeb-3184	16	25	crucial	crucial	ADJ
ajbmeb-3184	16	26	factor	factor	NOUN
ajbmeb-3184	16	27	in	in	ADP
ajbmeb-3184	16	28	enhancing	enhance	VERB
ajbmeb-3184	16	29	the	the	DET
ajbmeb-3184	16	30	competitiveness	competitiveness	NOUN
ajbmeb-3184	16	31	of	of	ADP
ajbmeb-3184	16	32	the	the	DET
ajbmeb-3184	16	33	national	national	ADJ
ajbmeb-3184	16	34	economy	economy	NOUN
ajbmeb-3184	16	35	and	and	CCONJ
ajbmeb-3184	16	36	ensuring	ensure	VERB
ajbmeb-3184	16	37	sustainable	sustainable	ADJ
ajbmeb-3184	16	38	economic	economic	ADJ
ajbmeb-3184	16	39	growth	growth	NOUN
ajbmeb-3184	16	40	.	.	PUNCT
ajbmeb-3184	17	1	literature	literature	NOUN
ajbmeb-3184	17	2	review	review	PROPN
ajbmeb-3184	17	3	diamond	diamond	NOUN
ajbmeb-3184	17	4	,	,	PUNCT
ajbmeb-3184	17	5	d.	d.	PROPN
ajbmeb-3184	17	6	and	and	CCONJ
ajbmeb-3184	17	7	dybvig	dybvig	NOUN
ajbmeb-3184	17	8	,	,	PUNCT
ajbmeb-3184	17	9	p.	p.	NOUN
ajbmeb-3184	17	10	(	(	PUNCT
ajbmeb-3184	17	11	1983	1983	NUM
ajbmeb-3184	17	12	)	)	PUNCT
ajbmeb-3184	17	13	developed	develop	VERB
ajbmeb-3184	17	14	the	the	DET
ajbmeb-3184	17	15	theory	theory	NOUN
ajbmeb-3184	17	16	of	of	ADP
ajbmeb-3184	17	17	financial	financial	ADJ
ajbmeb-3184	17	18	intermediation	intermediation	NOUN
ajbmeb-3184	17	19	and	and	CCONJ
ajbmeb-3184	17	20	liquidity	liquidity	NOUN
ajbmeb-3184	17	21	transformation	transformation	NOUN
ajbmeb-3184	17	22	.	.	PUNCT
ajbmeb-3184	18	1	in	in	ADP
ajbmeb-3184	18	2	their	their	PRON
ajbmeb-3184	18	3	model	model	NOUN
ajbmeb-3184	18	4	,	,	PUNCT
ajbmeb-3184	18	5	banks	bank	NOUN
ajbmeb-3184	18	6	’	'	PUNCT
ajbmeb-3184	18	7	active	active	ADJ
ajbmeb-3184	18	8	operations	operation	NOUN
ajbmeb-3184	18	9	are	be	AUX
ajbmeb-3184	18	10	explained	explain	VERB
ajbmeb-3184	18	11	as	as	ADP
ajbmeb-3184	18	12	the	the	DET
ajbmeb-3184	18	13	transformation	transformation	NOUN
ajbmeb-3184	18	14	of	of	ADP
ajbmeb-3184	18	15	shortterm	shortterm	PROPN
ajbmeb-3184	18	16	deposits	deposit	NOUN
ajbmeb-3184	18	17	into	into	ADP
ajbmeb-3184	18	18	long	long	ADJ
ajbmeb-3184	18	19	-	-	PUNCT
ajbmeb-3184	18	20	term	term	NOUN
ajbmeb-3184	18	21	loans	loan	NOUN
ajbmeb-3184	18	22	,	,	PUNCT
ajbmeb-3184	18	23	thereby	thereby	ADV
ajbmeb-3184	18	24	supporting	support	VERB
ajbmeb-3184	18	25	economic	economic	ADJ
ajbmeb-3184	18	26	activity	activity	NOUN
ajbmeb-3184	18	27	[	[	X
ajbmeb-3184	18	28	1	1	NUM
ajbmeb-3184	18	29	]	]	PUNCT
ajbmeb-3184	18	30	.	.	PUNCT
ajbmeb-3184	19	1	at	at	ADP
ajbmeb-3184	19	2	the	the	DET
ajbmeb-3184	19	3	same	same	ADJ
ajbmeb-3184	19	4	time	time	NOUN
ajbmeb-3184	19	5	,	,	PUNCT
ajbmeb-3184	19	6	they	they	PRON
ajbmeb-3184	19	7	emphasize	emphasize	VERB
ajbmeb-3184	19	8	that	that	SCONJ
ajbmeb-3184	19	9	such	such	DET
ajbmeb-3184	19	10	a	a	DET
ajbmeb-3184	19	11	structure	structure	NOUN
ajbmeb-3184	19	12	of	of	ADP
ajbmeb-3184	19	13	assets	asset	NOUN
ajbmeb-3184	19	14	may	may	AUX
ajbmeb-3184	19	15	expose	expose	VERB
ajbmeb-3184	19	16	the	the	DET
ajbmeb-3184	19	17	banking	banking	NOUN
ajbmeb-3184	19	18	system	system	NOUN
ajbmeb-3184	19	19	to	to	ADP
ajbmeb-3184	19	20	liquidity	liquidity	NOUN
ajbmeb-3184	19	21	risks	risk	NOUN
ajbmeb-3184	19	22	.	.	PUNCT
ajbmeb-3184	20	1	f.	f.	PROPN
ajbmeb-3184	20	2	mishkin	mishkin	PROPN
ajbmeb-3184	20	3	,	,	PUNCT
ajbmeb-3184	20	4	in	in	ADP
ajbmeb-3184	20	5	his	his	PRON
ajbmeb-3184	20	6	book	book	NOUN
ajbmeb-3184	20	7	the	the	DET
ajbmeb-3184	20	8	economics	economic	NOUN
ajbmeb-3184	20	9	of	of	ADP
ajbmeb-3184	20	10	money	money	NOUN
ajbmeb-3184	20	11	,	,	PUNCT
ajbmeb-3184	20	12	banking	banking	NOUN
ajbmeb-3184	20	13	and	and	CCONJ
ajbmeb-3184	20	14	financial	financial	ADJ
ajbmeb-3184	20	15	markets	market	NOUN
ajbmeb-3184	20	16	,	,	PUNCT
ajbmeb-3184	20	17	presents	present	VERB
ajbmeb-3184	20	18	commercial	commercial	ADJ
ajbmeb-3184	20	19	banks	bank	NOUN
ajbmeb-3184	20	20	’	’	PART
ajbmeb-3184	20	21	active	active	ADJ
ajbmeb-3184	20	22	operations	operation	NOUN
ajbmeb-3184	20	23	as	as	ADP
ajbmeb-3184	20	24	a	a	DET
ajbmeb-3184	20	25	central	central	ADJ
ajbmeb-3184	20	26	element	element	NOUN
ajbmeb-3184	20	27	of	of	ADP
ajbmeb-3184	20	28	the	the	DET
ajbmeb-3184	20	29	financial	financial	ADJ
ajbmeb-3184	20	30	system	system	NOUN
ajbmeb-3184	20	31	[	[	X
ajbmeb-3184	20	32	2	2	NUM
ajbmeb-3184	20	33	]	]	PUNCT
ajbmeb-3184	20	34	.	.	PUNCT
ajbmeb-3184	21	1	according	accord	VERB
ajbmeb-3184	21	2	to	to	ADP
ajbmeb-3184	21	3	him	he	PRON
ajbmeb-3184	21	4	,	,	PUNCT
ajbmeb-3184	21	5	loans	loan	NOUN
ajbmeb-3184	21	6	,	,	PUNCT
ajbmeb-3184	21	7	investments	investment	NOUN
ajbmeb-3184	21	8	,	,	PUNCT
ajbmeb-3184	21	9	and	and	CCONJ
ajbmeb-3184	21	10	other	other	ADJ
ajbmeb-3184	21	11	assets	asset	NOUN
ajbmeb-3184	21	12	significantly	significantly	ADV
ajbmeb-3184	21	13	influence	influence	VERB
ajbmeb-3184	21	14	economic	economic	ADJ
ajbmeb-3184	21	15	stability	stability	NOUN
ajbmeb-3184	21	16	,	,	PUNCT
ajbmeb-3184	21	17	yet	yet	CCONJ
ajbmeb-3184	21	18	the	the	DET
ajbmeb-3184	21	19	risks	risk	NOUN
ajbmeb-3184	21	20	associated	associate	VERB
ajbmeb-3184	21	21	with	with	ADP
ajbmeb-3184	21	22	them	they	PRON
ajbmeb-3184	21	23	require	require	VERB
ajbmeb-3184	21	24	effective	effective	ADJ
ajbmeb-3184	21	25	management	management	NOUN
ajbmeb-3184	21	26	.	.	PUNCT
ajbmeb-3184	22	1	khanh	khanh	PROPN
ajbmeb-3184	22	2	,	,	PUNCT
ajbmeb-3184	22	3	h.	h.	PROPN
ajbmeb-3184	22	4	n.	n.	PROPN
ajbmeb-3184	22	5	(	(	PUNCT
ajbmeb-3184	22	6	2024	2024	NUM
ajbmeb-3184	22	7	)	)	PUNCT
ajbmeb-3184	22	8	,	,	PUNCT
ajbmeb-3184	22	9	applying	apply	VERB
ajbmeb-3184	22	10	dea	dea	NOUN
ajbmeb-3184	22	11	and	and	CCONJ
ajbmeb-3184	22	12	sfa	sfa	PROPN
ajbmeb-3184	22	13	methods	method	NOUN
ajbmeb-3184	22	14	to	to	PART
ajbmeb-3184	22	15	measure	measure	VERB
ajbmeb-3184	22	16	banking	banking	NOUN
ajbmeb-3184	22	17	efficiency	efficiency	NOUN
ajbmeb-3184	22	18	,	,	PUNCT
ajbmeb-3184	22	19	found	find	VERB
ajbmeb-3184	22	20	that	that	SCONJ
ajbmeb-3184	22	21	the	the	DET
ajbmeb-3184	22	22	structure	structure	NOUN
ajbmeb-3184	22	23	of	of	ADP
ajbmeb-3184	22	24	active	active	ADJ
ajbmeb-3184	22	25	operations	operation	NOUN
ajbmeb-3184	22	26	has	have	VERB
ajbmeb-3184	22	27	a	a	DET
ajbmeb-3184	22	28	significant	significant	ADJ
ajbmeb-3184	22	29	impact	impact	NOUN
ajbmeb-3184	22	30	on	on	ADP
ajbmeb-3184	22	31	banks	bank	NOUN
ajbmeb-3184	22	32	’	'	PUNCT
ajbmeb-3184	22	33	profitability	profitability	NOUN
ajbmeb-3184	23	1	[	[	X
ajbmeb-3184	23	2	3	3	NUM
ajbmeb-3184	23	3	]	]	PUNCT
ajbmeb-3184	23	4	.	.	PUNCT
ajbmeb-3184	24	1	the	the	DET
ajbmeb-3184	24	2	study	study	NOUN
ajbmeb-3184	24	3	highlights	highlight	VERB
ajbmeb-3184	24	4	that	that	SCONJ
ajbmeb-3184	24	5	diversification	diversification	NOUN
ajbmeb-3184	24	6	of	of	ADP
ajbmeb-3184	24	7	assets	asset	NOUN
ajbmeb-3184	24	8	and	and	CCONJ
ajbmeb-3184	24	9	quality	quality	NOUN
ajbmeb-3184	24	10	control	control	NOUN
ajbmeb-3184	24	11	are	be	AUX
ajbmeb-3184	24	12	important	important	ADJ
ajbmeb-3184	24	13	factors	factor	NOUN
ajbmeb-3184	24	14	in	in	ADP
ajbmeb-3184	24	15	improving	improve	VERB
ajbmeb-3184	24	16	banking	banking	NOUN
ajbmeb-3184	24	17	efficiency	efficiency	NOUN
ajbmeb-3184	24	18	.	.	PUNCT
ajbmeb-3184	25	1	berger	berger	PROPN
ajbmeb-3184	25	2	and	and	CCONJ
ajbmeb-3184	25	3	udell	udell	PROPN
ajbmeb-3184	25	4	analyze	analyze	NOUN
ajbmeb-3184	25	5	the	the	DET
ajbmeb-3184	25	6	role	role	NOUN
ajbmeb-3184	25	7	of	of	ADP
ajbmeb-3184	25	8	commercial	commercial	ADJ
ajbmeb-3184	25	9	banks	bank	NOUN
ajbmeb-3184	25	10	’	’	PART
ajbmeb-3184	25	11	lending	lending	NOUN
ajbmeb-3184	25	12	activities	activity	NOUN
ajbmeb-3184	25	13	in	in	ADP
ajbmeb-3184	25	14	financing	finance	VERB
ajbmeb-3184	25	15	small	small	ADJ
ajbmeb-3184	25	16	and	and	CCONJ
ajbmeb-3184	25	17	medium	medium	ADJ
ajbmeb-3184	25	18	-	-	PUNCT
ajbmeb-3184	25	19	sized	sized	ADJ
ajbmeb-3184	25	20	enterprises	enterprise	NOUN
ajbmeb-3184	25	21	[	[	X
ajbmeb-3184	25	22	4	4	NUM
ajbmeb-3184	25	23	]	]	PUNCT
ajbmeb-3184	25	24	.	.	PUNCT
ajbmeb-3184	26	1	in	in	ADP
ajbmeb-3184	26	2	their	their	PRON
ajbmeb-3184	26	3	view	view	NOUN
ajbmeb-3184	26	4	,	,	PUNCT
ajbmeb-3184	26	5	lending	lending	NOUN
ajbmeb-3184	26	6	,	,	PUNCT
ajbmeb-3184	26	7	as	as	ADP
ajbmeb-3184	26	8	the	the	DET
ajbmeb-3184	26	9	main	main	ADJ
ajbmeb-3184	26	10	component	component	NOUN
ajbmeb-3184	26	11	of	of	ADP
ajbmeb-3184	26	12	banks	bank	NOUN
ajbmeb-3184	26	13	’	’	PART
ajbmeb-3184	26	14	active	active	ADJ
ajbmeb-3184	26	15	operations	operation	NOUN
ajbmeb-3184	26	16	,	,	PUNCT
ajbmeb-3184	26	17	directly	directly	ADV
ajbmeb-3184	26	18	contributes	contribute	VERB
ajbmeb-3184	26	19	to	to	ADP
ajbmeb-3184	26	20	economic	economic	ADJ
ajbmeb-3184	26	21	growth	growth	NOUN
ajbmeb-3184	26	22	,	,	PUNCT
ajbmeb-3184	26	23	though	though	SCONJ
ajbmeb-3184	26	24	it	it	PRON
ajbmeb-3184	26	25	also	also	ADV
ajbmeb-3184	26	26	carries	carry	VERB
ajbmeb-3184	26	27	substantial	substantial	ADJ
ajbmeb-3184	26	28	credit	credit	NOUN
ajbmeb-3184	26	29	risks	risk	NOUN
ajbmeb-3184	26	30	.	.	PUNCT
ajbmeb-3184	27	1	the	the	DET
ajbmeb-3184	27	2	uzbek	uzbek	PROPN
ajbmeb-3184	27	3	researcher	researcher	NOUN
ajbmeb-3184	27	4	yusupov	yusupov	PROPN
ajbmeb-3184	27	5	studies	study	NOUN
ajbmeb-3184	27	6	commercial	commercial	ADJ
ajbmeb-3184	27	7	banks	bank	NOUN
ajbmeb-3184	27	8	’	’	PART
ajbmeb-3184	27	9	active	active	ADJ
ajbmeb-3184	27	10	operations	operation	NOUN
ajbmeb-3184	27	11	in	in	ADP
ajbmeb-3184	27	12	the	the	DET
ajbmeb-3184	27	13	context	context	NOUN
ajbmeb-3184	27	14	of	of	ADP
ajbmeb-3184	27	15	the	the	DET
ajbmeb-3184	27	16	national	national	ADJ
ajbmeb-3184	27	17	economy	economy	NOUN
ajbmeb-3184	27	18	and	and	CCONJ
ajbmeb-3184	27	19	emphasizes	emphasize	VERB
ajbmeb-3184	27	20	the	the	DET
ajbmeb-3184	27	21	direct	direct	ADJ
ajbmeb-3184	27	22	impact	impact	NOUN
ajbmeb-3184	27	23	of	of	ADP
ajbmeb-3184	27	24	loans	loan	NOUN
ajbmeb-3184	27	25	and	and	CCONJ
ajbmeb-3184	27	26	investments	investment	NOUN
ajbmeb-3184	27	27	on	on	ADP
ajbmeb-3184	27	28	gdp	gdp	NOUN
ajbmeb-3184	27	29	growth	growth	NOUN
ajbmeb-3184	28	1	[	[	X
ajbmeb-3184	28	2	5	5	NUM
ajbmeb-3184	28	3	]	]	PUNCT
ajbmeb-3184	28	4	.	.	PUNCT
ajbmeb-3184	29	1	he	he	PRON
ajbmeb-3184	29	2	argues	argue	VERB
ajbmeb-3184	29	3	that	that	SCONJ
ajbmeb-3184	29	4	the	the	DET
ajbmeb-3184	29	5	rapid	rapid	ADJ
ajbmeb-3184	29	6	growth	growth	NOUN
ajbmeb-3184	29	7	of	of	ADP
ajbmeb-3184	29	8	assets	asset	NOUN
ajbmeb-3184	29	9	in	in	ADP
ajbmeb-3184	29	10	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	29	11	is	be	AUX
ajbmeb-3184	29	12	closely	closely	ADV
ajbmeb-3184	29	13	linked	link	VERB
ajbmeb-3184	29	14	to	to	ADP
ajbmeb-3184	29	15	ongoing	ongoing	ADJ
ajbmeb-3184	29	16	economic	economic	ADJ
ajbmeb-3184	29	17	reforms	reform	NOUN
ajbmeb-3184	29	18	.	.	PUNCT
ajbmeb-3184	30	1	in	in	ADP
ajbmeb-3184	30	2	his	his	PRON
ajbmeb-3184	30	3	research	research	NOUN
ajbmeb-3184	30	4	,	,	PUNCT
ajbmeb-3184	30	5	a.	a.	PROPN
ajbmeb-3184	30	6	qodirov	qodirov	PROPN
ajbmeb-3184	30	7	analyzes	analyze	VERB
ajbmeb-3184	30	8	the	the	DET
ajbmeb-3184	30	9	volume	volume	NOUN
ajbmeb-3184	30	10	and	and	CCONJ
ajbmeb-3184	30	11	structure	structure	NOUN
ajbmeb-3184	30	12	of	of	ADP
ajbmeb-3184	30	13	commercial	commercial	ADJ
ajbmeb-3184	30	14	banks	bank	NOUN
ajbmeb-3184	30	15	’	’	PART
ajbmeb-3184	30	16	active	active	ADJ
ajbmeb-3184	30	17	operations	operation	NOUN
ajbmeb-3184	30	18	in	in	ADP
ajbmeb-3184	30	19	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	30	20	[	[	X
ajbmeb-3184	30	21	6	6	NUM
ajbmeb-3184	30	22	]	]	PUNCT
ajbmeb-3184	30	23	.	.	PUNCT
ajbmeb-3184	31	1	he	he	PRON
ajbmeb-3184	31	2	concludes	conclude	VERB
ajbmeb-3184	31	3	that	that	SCONJ
ajbmeb-3184	31	4	while	while	SCONJ
ajbmeb-3184	31	5	the	the	DET
ajbmeb-3184	31	6	share	share	NOUN
ajbmeb-3184	31	7	of	of	ADP
ajbmeb-3184	31	8	loans	loan	NOUN
ajbmeb-3184	31	9	is	be	AUX
ajbmeb-3184	31	10	very	very	ADV
ajbmeb-3184	31	11	high	high	ADJ
ajbmeb-3184	31	12	,	,	PUNCT
ajbmeb-3184	31	13	the	the	DET
ajbmeb-3184	31	14	insufficient	insufficient	ADJ
ajbmeb-3184	31	15	development	development	NOUN
ajbmeb-3184	31	16	of	of	ADP
ajbmeb-3184	31	17	investment	investment	NOUN
ajbmeb-3184	31	18	operations	operation	NOUN
ajbmeb-3184	31	19	has	have	AUX
ajbmeb-3184	31	20	led	lead	VERB
ajbmeb-3184	31	21	to	to	ADP
ajbmeb-3184	31	22	challenges	challenge	NOUN
ajbmeb-3184	31	23	in	in	ADP
ajbmeb-3184	31	24	the	the	DET
ajbmeb-3184	31	25	financial	financial	ADJ
ajbmeb-3184	31	26	market	market	NOUN
ajbmeb-3184	31	27	.	.	PUNCT
ajbmeb-3184	32	1	laeven	laeven	ADJ
ajbmeb-3184	32	2	,	,	PUNCT
ajbmeb-3184	32	3	l.	l.	PROPN
ajbmeb-3184	32	4	and	and	CCONJ
ajbmeb-3184	32	5	levine	levine	PROPN
ajbmeb-3184	32	6	,	,	PUNCT
ajbmeb-3184	32	7	r.	r.	PROPN
ajbmeb-3184	32	8	empirically	empirically	ADV
ajbmeb-3184	32	9	examine	examine	VERB
ajbmeb-3184	32	10	the	the	DET
ajbmeb-3184	32	11	relationship	relationship	NOUN
ajbmeb-3184	32	12	between	between	ADP
ajbmeb-3184	32	13	banks	bank	NOUN
ajbmeb-3184	32	14	’	’	PART
ajbmeb-3184	32	15	active	active	ADJ
ajbmeb-3184	32	16	operations	operation	NOUN
ajbmeb-3184	32	17	and	and	CCONJ
ajbmeb-3184	32	18	financial	financial	ADJ
ajbmeb-3184	32	19	stability	stability	NOUN
ajbmeb-3184	32	20	[	[	X
ajbmeb-3184	32	21	7	7	NUM
ajbmeb-3184	32	22	]	]	PUNCT
ajbmeb-3184	32	23	.	.	PUNCT
ajbmeb-3184	33	1	they	they	PRON
ajbmeb-3184	33	2	point	point	VERB
ajbmeb-3184	33	3	out	out	ADP
ajbmeb-3184	33	4	that	that	SCONJ
ajbmeb-3184	33	5	the	the	DET
ajbmeb-3184	33	6	size	size	NOUN
ajbmeb-3184	33	7	and	and	CCONJ
ajbmeb-3184	33	8	diversity	diversity	NOUN
ajbmeb-3184	33	9	of	of	ADP
ajbmeb-3184	33	10	assets	asset	NOUN
ajbmeb-3184	33	11	increase	increase	VERB
ajbmeb-3184	33	12	banks	bank	NOUN
ajbmeb-3184	33	13	’	'	PUNCT
ajbmeb-3184	33	14	resilience	resilience	NOUN
ajbmeb-3184	33	15	to	to	ADP
ajbmeb-3184	33	16	financial	financial	ADJ
ajbmeb-3184	33	17	shocks	shock	NOUN
ajbmeb-3184	33	18	,	,	PUNCT
ajbmeb-3184	33	19	though	though	SCONJ
ajbmeb-3184	33	20	excessive	excessive	ADJ
ajbmeb-3184	33	21	growth	growth	NOUN
ajbmeb-3184	33	22	may	may	AUX
ajbmeb-3184	33	23	also	also	ADV
ajbmeb-3184	33	24	heighten	heighten	VERB
ajbmeb-3184	33	25	systemic	systemic	ADJ
ajbmeb-3184	33	26	risks	risk	NOUN
ajbmeb-3184	33	27	.	.	PUNCT
ajbmeb-3184	34	1	research	research	NOUN
ajbmeb-3184	34	2	methodology	methodology	NOUN
ajbmeb-3184	34	3	this	this	DET
ajbmeb-3184	34	4	study	study	NOUN
ajbmeb-3184	34	5	applies	apply	VERB
ajbmeb-3184	34	6	a	a	DET
ajbmeb-3184	34	7	mixed	mix	VERB
ajbmeb-3184	34	8	-	-	PUNCT
ajbmeb-3184	34	9	method	method	NOUN
ajbmeb-3184	34	10	approach	approach	NOUN
ajbmeb-3184	34	11	to	to	PART
ajbmeb-3184	34	12	analyze	analyze	VERB
ajbmeb-3184	34	13	the	the	DET
ajbmeb-3184	34	14	trends	trend	NOUN
ajbmeb-3184	34	15	of	of	ADP
ajbmeb-3184	34	16	commercial	commercial	ADJ
ajbmeb-3184	34	17	banks	bank	NOUN
ajbmeb-3184	34	18	’	’	PART
ajbmeb-3184	34	19	active	active	ADJ
ajbmeb-3184	34	20	operations	operation	NOUN
ajbmeb-3184	34	21	in	in	ADP
ajbmeb-3184	34	22	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	34	23	during	during	ADP
ajbmeb-3184	34	24	2023–2025	2023–2025	NUM
ajbmeb-3184	34	25	.	.	PUNCT
ajbmeb-3184	35	1	quantitative	quantitative	ADJ
ajbmeb-3184	35	2	data	datum	NOUN
ajbmeb-3184	35	3	from	from	ADP
ajbmeb-3184	35	4	the	the	DET
ajbmeb-3184	35	5	central	central	ADJ
ajbmeb-3184	35	6	bank	bank	NOUN
ajbmeb-3184	35	7	,	,	PUNCT
ajbmeb-3184	35	8	financial	financial	ADJ
ajbmeb-3184	35	9	statements	statement	NOUN
ajbmeb-3184	35	10	are	be	AUX
ajbmeb-3184	35	11	examined	examine	VERB
ajbmeb-3184	35	12	to	to	PART
ajbmeb-3184	35	13	track	track	VERB
ajbmeb-3184	35	14	the	the	DET
ajbmeb-3184	35	15	dynamics	dynamic	NOUN
ajbmeb-3184	35	16	of	of	ADP
ajbmeb-3184	35	17	loans	loan	NOUN
ajbmeb-3184	35	18	,	,	PUNCT
ajbmeb-3184	35	19	investments	investment	NOUN
ajbmeb-3184	35	20	,	,	PUNCT
ajbmeb-3184	35	21	interbank	interbank	NOUN
ajbmeb-3184	35	22	funds	fund	NOUN
ajbmeb-3184	35	23	,	,	PUNCT
ajbmeb-3184	35	24	and	and	CCONJ
ajbmeb-3184	35	25	client	client	NOUN
ajbmeb-3184	35	26	liabilities	liability	NOUN
ajbmeb-3184	35	27	.	.	PUNCT
ajbmeb-3184	36	1	comparative	comparative	ADJ
ajbmeb-3184	36	2	trend	trend	NOUN
ajbmeb-3184	36	3	analysis	analysis	NOUN
ajbmeb-3184	36	4	highlights	highlight	VERB
ajbmeb-3184	36	5	structural	structural	ADJ
ajbmeb-3184	36	6	shifts	shift	NOUN
ajbmeb-3184	36	7	in	in	ADP
ajbmeb-3184	36	8	banks	bank	NOUN
ajbmeb-3184	36	9	’	’	PART
ajbmeb-3184	36	10	asset	asset	NOUN
ajbmeb-3184	36	11	composition	composition	NOUN
ajbmeb-3184	36	12	,	,	PUNCT
ajbmeb-3184	36	13	while	while	SCONJ
ajbmeb-3184	36	14	descriptive	descriptive	ADJ
ajbmeb-3184	36	15	statistics	statistic	NOUN
ajbmeb-3184	36	16	and	and	CCONJ
ajbmeb-3184	36	17	graphical	graphical	ADJ
ajbmeb-3184	36	18	tools	tool	NOUN
ajbmeb-3184	36	19	illustrate	illustrate	VERB
ajbmeb-3184	36	20	their	their	PRON
ajbmeb-3184	36	21	impact	impact	NOUN
ajbmeb-3184	36	22	on	on	ADP
ajbmeb-3184	36	23	financial	financial	ADJ
ajbmeb-3184	36	24	stability	stability	NOUN
ajbmeb-3184	36	25	and	and	CCONJ
ajbmeb-3184	36	26	economic	economic	ADJ
ajbmeb-3184	36	27	growth	growth	NOUN
ajbmeb-3184	36	28	.	.	PUNCT
ajbmeb-3184	37	1	in	in	ADP
ajbmeb-3184	37	2	addition	addition	NOUN
ajbmeb-3184	37	3	,	,	PUNCT
ajbmeb-3184	37	4	a	a	DET
ajbmeb-3184	37	5	review	review	NOUN
ajbmeb-3184	37	6	of	of	ADP
ajbmeb-3184	37	7	scholarly	scholarly	ADJ
ajbmeb-3184	37	8	works	work	NOUN
ajbmeb-3184	37	9	provides	provide	VERB
ajbmeb-3184	37	10	a	a	DET
ajbmeb-3184	37	11	theoretical	theoretical	ADJ
ajbmeb-3184	37	12	basis	basis	NOUN
ajbmeb-3184	37	13	for	for	ADP
ajbmeb-3184	37	14	interpreting	interpret	VERB
ajbmeb-3184	37	15	results	result	NOUN
ajbmeb-3184	37	16	,	,	PUNCT
ajbmeb-3184	37	17	enabling	enable	VERB
ajbmeb-3184	37	18	the	the	DET
ajbmeb-3184	37	19	study	study	NOUN
ajbmeb-3184	37	20	to	to	PART
ajbmeb-3184	37	21	emphasize	emphasize	VERB
ajbmeb-3184	37	22	the	the	DET
ajbmeb-3184	37	23	strategic	strategic	ADJ
ajbmeb-3184	37	24	importance	importance	NOUN
ajbmeb-3184	37	25	of	of	ADP
ajbmeb-3184	37	26	active	active	ADJ
ajbmeb-3184	37	27	operations	operation	NOUN
ajbmeb-3184	37	28	in	in	ADP
ajbmeb-3184	37	29	supporting	support	VERB
ajbmeb-3184	37	30	reforms	reform	NOUN
ajbmeb-3184	37	31	and	and	CCONJ
ajbmeb-3184	37	32	sustainable	sustainable	ADJ
ajbmeb-3184	37	33	development	development	NOUN
ajbmeb-3184	37	34	.	.	PUNCT
ajbmeb-3184	38	1	american	american	PROPN
ajbmeb-3184	38	2	journal	journal	PROPN
ajbmeb-3184	38	3	of	of	ADP
ajbmeb-3184	38	4	business	business	NOUN
ajbmeb-3184	38	5	management	management	NOUN
ajbmeb-3184	38	6	,	,	PUNCT
ajbmeb-3184	38	7	economics	economic	NOUN
ajbmeb-3184	38	8	and	and	CCONJ
ajbmeb-3184	38	9	banking	banking	NOUN
ajbmeb-3184	38	10	volume	volume	NOUN
ajbmeb-3184	38	11	43	43	NUM
ajbmeb-3184	39	1	december2025	december2025	PROPN
ajbmeb-3184	39	2	p	p	PROPN
ajbmeb-3184	39	3	a	a	DET
ajbmeb-3184	39	4	g	g	NOUN
ajbmeb-3184	39	5	e	e	NOUN
ajbmeb-3184	39	6	|	|	ADV
ajbmeb-3184	39	7	3	3	NUM
ajbmeb-3184	39	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	39	9	analyses	analysis	NOUN
ajbmeb-3184	39	10	and	and	CCONJ
ajbmeb-3184	39	11	results	result	VERB
ajbmeb-3184	39	12	the	the	DET
ajbmeb-3184	39	13	concept	concept	NOUN
ajbmeb-3184	39	14	of	of	ADP
ajbmeb-3184	39	15	a	a	DET
ajbmeb-3184	39	16	commercial	commercial	ADJ
ajbmeb-3184	39	17	bank	bank	NOUN
ajbmeb-3184	39	18	first	first	ADV
ajbmeb-3184	39	19	emerged	emerge	VERB
ajbmeb-3184	39	20	in	in	ADP
ajbmeb-3184	39	21	the	the	DET
ajbmeb-3184	39	22	early	early	ADJ
ajbmeb-3184	39	23	stages	stage	NOUN
ajbmeb-3184	39	24	of	of	ADP
ajbmeb-3184	39	25	banking	banking	NOUN
ajbmeb-3184	39	26	,	,	PUNCT
ajbmeb-3184	39	27	when	when	SCONJ
ajbmeb-3184	39	28	banks	bank	NOUN
ajbmeb-3184	39	29	primarily	primarily	ADV
ajbmeb-3184	39	30	served	serve	VERB
ajbmeb-3184	39	31	the	the	DET
ajbmeb-3184	39	32	sphere	sphere	NOUN
ajbmeb-3184	39	33	of	of	ADP
ajbmeb-3184	39	34	trade	trade	NOUN
ajbmeb-3184	39	35	.	.	PUNCT
ajbmeb-3184	40	1	at	at	ADP
ajbmeb-3184	40	2	that	that	DET
ajbmeb-3184	40	3	time	time	NOUN
ajbmeb-3184	40	4	,	,	PUNCT
ajbmeb-3184	40	5	merchants	merchant	NOUN
ajbmeb-3184	40	6	were	be	AUX
ajbmeb-3184	40	7	the	the	DET
ajbmeb-3184	40	8	first	first	ADJ
ajbmeb-3184	40	9	clients	client	NOUN
ajbmeb-3184	40	10	of	of	ADP
ajbmeb-3184	40	11	these	these	DET
ajbmeb-3184	40	12	banks	bank	NOUN
ajbmeb-3184	40	13	.	.	PUNCT
ajbmeb-3184	41	1	later	later	ADV
ajbmeb-3184	41	2	,	,	PUNCT
ajbmeb-3184	41	3	with	with	ADP
ajbmeb-3184	41	4	the	the	DET
ajbmeb-3184	41	5	development	development	NOUN
ajbmeb-3184	41	6	of	of	ADP
ajbmeb-3184	41	7	industry	industry	NOUN
ajbmeb-3184	41	8	,	,	PUNCT
ajbmeb-3184	41	9	credit	credit	NOUN
ajbmeb-3184	41	10	operations	operation	NOUN
ajbmeb-3184	41	11	aimed	aim	VERB
ajbmeb-3184	41	12	at	at	ADP
ajbmeb-3184	41	13	financing	finance	VERB
ajbmeb-3184	41	14	the	the	DET
ajbmeb-3184	41	15	production	production	NOUN
ajbmeb-3184	41	16	process	process	NOUN
ajbmeb-3184	41	17	began	begin	VERB
ajbmeb-3184	41	18	to	to	PART
ajbmeb-3184	41	19	take	take	VERB
ajbmeb-3184	41	20	shape	shape	NOUN
ajbmeb-3184	41	21	[	[	X
ajbmeb-3184	41	22	8	8	NUM
ajbmeb-3184	41	23	]	]	PUNCT
ajbmeb-3184	41	24	.	.	PUNCT
ajbmeb-3184	42	1	in	in	ADP
ajbmeb-3184	42	2	countries	country	NOUN
ajbmeb-3184	42	3	with	with	ADP
ajbmeb-3184	42	4	developed	develop	VERB
ajbmeb-3184	42	5	credit	credit	NOUN
ajbmeb-3184	42	6	systems	system	NOUN
ajbmeb-3184	42	7	,	,	PUNCT
ajbmeb-3184	42	8	modern	modern	ADJ
ajbmeb-3184	42	9	banking	banking	NOUN
ajbmeb-3184	42	10	activities	activity	NOUN
ajbmeb-3184	42	11	encompass	encompass	VERB
ajbmeb-3184	42	12	a	a	DET
ajbmeb-3184	42	13	wide	wide	ADJ
ajbmeb-3184	42	14	range	range	NOUN
ajbmeb-3184	42	15	of	of	ADP
ajbmeb-3184	42	16	services	service	NOUN
ajbmeb-3184	42	17	for	for	ADP
ajbmeb-3184	42	18	customers	customer	NOUN
ajbmeb-3184	42	19	.	.	PUNCT
ajbmeb-3184	43	1	for	for	ADP
ajbmeb-3184	43	2	example	example	NOUN
ajbmeb-3184	43	3	,	,	PUNCT
ajbmeb-3184	43	4	in	in	ADP
ajbmeb-3184	43	5	the	the	DET
ajbmeb-3184	43	6	united	united	PROPN
ajbmeb-3184	43	7	states	states	PROPN
ajbmeb-3184	43	8	,	,	PUNCT
ajbmeb-3184	43	9	the	the	DET
ajbmeb-3184	43	10	largest	large	ADJ
ajbmeb-3184	43	11	commercial	commercial	ADJ
ajbmeb-3184	43	12	and	and	CCONJ
ajbmeb-3184	43	13	clearing	clear	VERB
ajbmeb-3184	43	14	banks	bank	NOUN
ajbmeb-3184	43	15	provide	provide	VERB
ajbmeb-3184	43	16	more	more	ADJ
ajbmeb-3184	43	17	than	than	ADP
ajbmeb-3184	43	18	150	150	NUM
ajbmeb-3184	43	19	types	type	NOUN
ajbmeb-3184	43	20	of	of	ADP
ajbmeb-3184	43	21	services	service	NOUN
ajbmeb-3184	43	22	;	;	PUNCT
ajbmeb-3184	43	23	in	in	ADP
ajbmeb-3184	43	24	the	the	DET
ajbmeb-3184	43	25	united	united	ADJ
ajbmeb-3184	43	26	kingdom	kingdom	NOUN
ajbmeb-3184	43	27	,	,	PUNCT
ajbmeb-3184	43	28	nearly	nearly	ADV
ajbmeb-3184	43	29	100	100	NUM
ajbmeb-3184	43	30	types	type	NOUN
ajbmeb-3184	43	31	;	;	PUNCT
ajbmeb-3184	43	32	and	and	CCONJ
ajbmeb-3184	43	33	in	in	ADP
ajbmeb-3184	43	34	japan	japan	PROPN
ajbmeb-3184	43	35	,	,	PUNCT
ajbmeb-3184	43	36	approximately	approximately	ADV
ajbmeb-3184	43	37	300	300	NUM
ajbmeb-3184	43	38	different	different	ADJ
ajbmeb-3184	43	39	banking	banking	NOUN
ajbmeb-3184	43	40	services	service	NOUN
ajbmeb-3184	43	41	.	.	PUNCT
ajbmeb-3184	44	1	even	even	ADV
ajbmeb-3184	44	2	today	today	NOUN
ajbmeb-3184	44	3	,	,	PUNCT
ajbmeb-3184	44	4	commercial	commercial	ADJ
ajbmeb-3184	44	5	banks	bank	NOUN
ajbmeb-3184	44	6	have	have	VERB
ajbmeb-3184	44	7	several	several	ADJ
ajbmeb-3184	44	8	types	type	NOUN
ajbmeb-3184	44	9	of	of	ADP
ajbmeb-3184	44	10	active	active	ADJ
ajbmeb-3184	44	11	operations	operation	NOUN
ajbmeb-3184	44	12	(	(	PUNCT
ajbmeb-3184	44	13	see	see	VERB
ajbmeb-3184	44	14	figure	figure	NOUN
ajbmeb-3184	44	15	1	1	NUM
ajbmeb-3184	44	16	)	)	PUNCT
ajbmeb-3184	44	17	.	.	PUNCT
ajbmeb-3184	45	1	at	at	ADP
ajbmeb-3184	45	2	the	the	DET
ajbmeb-3184	45	3	same	same	ADJ
ajbmeb-3184	45	4	time	time	NOUN
ajbmeb-3184	45	5	,	,	PUNCT
ajbmeb-3184	45	6	the	the	DET
ajbmeb-3184	45	7	share	share	NOUN
ajbmeb-3184	45	8	of	of	ADP
ajbmeb-3184	45	9	short	short	ADJ
ajbmeb-3184	45	10	-	-	PUNCT
ajbmeb-3184	45	11	term	term	NOUN
ajbmeb-3184	45	12	loans	loan	NOUN
ajbmeb-3184	45	13	has	have	AUX
ajbmeb-3184	45	14	significantly	significantly	ADV
ajbmeb-3184	45	15	increased	increase	VERB
ajbmeb-3184	45	16	.	.	PUNCT
ajbmeb-3184	46	1	this	this	DET
ajbmeb-3184	46	2	trend	trend	NOUN
ajbmeb-3184	46	3	can	can	AUX
ajbmeb-3184	46	4	be	be	AUX
ajbmeb-3184	46	5	explained	explain	VERB
ajbmeb-3184	46	6	by	by	ADP
ajbmeb-3184	46	7	the	the	DET
ajbmeb-3184	46	8	uncertainty	uncertainty	NOUN
ajbmeb-3184	46	9	and	and	CCONJ
ajbmeb-3184	46	10	heightened	heightened	ADJ
ajbmeb-3184	46	11	level	level	NOUN
ajbmeb-3184	46	12	of	of	ADP
ajbmeb-3184	46	13	risk	risk	NOUN
ajbmeb-3184	46	14	observed	observe	VERB
ajbmeb-3184	46	15	in	in	ADP
ajbmeb-3184	46	16	conditions	condition	NOUN
ajbmeb-3184	46	17	of	of	ADP
ajbmeb-3184	46	18	economic	economic	ADJ
ajbmeb-3184	46	19	crisis	crisis	NOUN
ajbmeb-3184	46	20	.	.	PUNCT
ajbmeb-3184	47	1	essentially	essentially	ADV
ajbmeb-3184	47	2	,	,	PUNCT
ajbmeb-3184	47	3	credit	credit	NOUN
ajbmeb-3184	47	4	represents	represent	VERB
ajbmeb-3184	47	5	monetary	monetary	ADJ
ajbmeb-3184	47	6	capital	capital	NOUN
ajbmeb-3184	47	7	lent	lend	VERB
ajbmeb-3184	47	8	in	in	ADP
ajbmeb-3184	47	9	the	the	DET
ajbmeb-3184	47	10	form	form	NOUN
ajbmeb-3184	47	11	of	of	ADP
ajbmeb-3184	47	12	loan	loan	NOUN
ajbmeb-3184	47	13	capital	capital	NOUN
ajbmeb-3184	47	14	.	.	PUNCT
ajbmeb-3184	48	1	it	it	PRON
ajbmeb-3184	48	2	reflects	reflect	VERB
ajbmeb-3184	48	3	the	the	DET
ajbmeb-3184	48	4	economic	economic	ADJ
ajbmeb-3184	48	5	relationship	relationship	NOUN
ajbmeb-3184	48	6	between	between	ADP
ajbmeb-3184	48	7	the	the	DET
ajbmeb-3184	48	8	borrower	borrower	NOUN
ajbmeb-3184	48	9	and	and	CCONJ
ajbmeb-3184	48	10	the	the	DET
ajbmeb-3184	48	11	lender	lender	NOUN
ajbmeb-3184	48	12	and	and	CCONJ
ajbmeb-3184	48	13	ensures	ensure	VERB
ajbmeb-3184	48	14	the	the	DET
ajbmeb-3184	48	15	transformation	transformation	NOUN
ajbmeb-3184	48	16	of	of	ADP
ajbmeb-3184	48	17	monetary	monetary	ADJ
ajbmeb-3184	48	18	capital	capital	NOUN
ajbmeb-3184	48	19	into	into	ADP
ajbmeb-3184	48	20	its	its	PRON
ajbmeb-3184	48	21	loan	loan	NOUN
ajbmeb-3184	48	22	form	form	NOUN
ajbmeb-3184	48	23	.	.	PUNCT
ajbmeb-3184	49	1	moreover	moreover	ADV
ajbmeb-3184	49	2	,	,	PUNCT
ajbmeb-3184	49	3	commercial	commercial	ADJ
ajbmeb-3184	49	4	banks	bank	NOUN
ajbmeb-3184	49	5	not	not	PART
ajbmeb-3184	49	6	only	only	ADV
ajbmeb-3184	49	7	provide	provide	VERB
ajbmeb-3184	49	8	lending	lending	NOUN
ajbmeb-3184	49	9	but	but	CCONJ
ajbmeb-3184	49	10	also	also	ADV
ajbmeb-3184	49	11	serve	serve	VERB
ajbmeb-3184	49	12	as	as	ADP
ajbmeb-3184	49	13	intermediaries	intermediary	NOUN
ajbmeb-3184	49	14	in	in	ADP
ajbmeb-3184	49	15	investment	investment	NOUN
ajbmeb-3184	49	16	flows	flow	NOUN
ajbmeb-3184	49	17	,	,	PUNCT
ajbmeb-3184	49	18	thereby	thereby	ADV
ajbmeb-3184	49	19	stimulating	stimulate	VERB
ajbmeb-3184	49	20	economic	economic	ADJ
ajbmeb-3184	49	21	growth	growth	NOUN
ajbmeb-3184	49	22	.	.	PUNCT
ajbmeb-3184	50	1	they	they	PRON
ajbmeb-3184	50	2	play	play	VERB
ajbmeb-3184	50	3	a	a	DET
ajbmeb-3184	50	4	vital	vital	ADJ
ajbmeb-3184	50	5	role	role	NOUN
ajbmeb-3184	50	6	in	in	ADP
ajbmeb-3184	50	7	ensuring	ensure	VERB
ajbmeb-3184	50	8	liquidity	liquidity	NOUN
ajbmeb-3184	50	9	within	within	ADP
ajbmeb-3184	50	10	the	the	DET
ajbmeb-3184	50	11	financial	financial	ADJ
ajbmeb-3184	50	12	system	system	NOUN
ajbmeb-3184	50	13	and	and	CCONJ
ajbmeb-3184	50	14	in	in	ADP
ajbmeb-3184	50	15	maintaining	maintain	VERB
ajbmeb-3184	50	16	the	the	DET
ajbmeb-3184	50	17	balance	balance	NOUN
ajbmeb-3184	50	18	between	between	ADP
ajbmeb-3184	50	19	savings	saving	NOUN
ajbmeb-3184	50	20	and	and	CCONJ
ajbmeb-3184	50	21	investments	investment	NOUN
ajbmeb-3184	50	22	.	.	PUNCT
ajbmeb-3184	51	1	through	through	ADP
ajbmeb-3184	51	2	deposit	deposit	NOUN
ajbmeb-3184	51	3	mobilization	mobilization	NOUN
ajbmeb-3184	51	4	,	,	PUNCT
ajbmeb-3184	51	5	banks	bank	NOUN
ajbmeb-3184	51	6	accumulate	accumulate	VERB
ajbmeb-3184	51	7	free	free	ADJ
ajbmeb-3184	51	8	monetary	monetary	ADJ
ajbmeb-3184	51	9	resources	resource	NOUN
ajbmeb-3184	51	10	and	and	CCONJ
ajbmeb-3184	51	11	transform	transform	VERB
ajbmeb-3184	51	12	them	they	PRON
ajbmeb-3184	51	13	into	into	ADP
ajbmeb-3184	51	14	productive	productive	ADJ
ajbmeb-3184	51	15	capital	capital	NOUN
ajbmeb-3184	51	16	.	.	PUNCT
ajbmeb-3184	52	1	in	in	ADP
ajbmeb-3184	52	2	addition	addition	NOUN
ajbmeb-3184	52	3	,	,	PUNCT
ajbmeb-3184	52	4	commercial	commercial	ADJ
ajbmeb-3184	52	5	banks	bank	NOUN
ajbmeb-3184	52	6	are	be	AUX
ajbmeb-3184	52	7	central	central	ADJ
ajbmeb-3184	52	8	to	to	ADP
ajbmeb-3184	52	9	the	the	DET
ajbmeb-3184	52	10	implementation	implementation	NOUN
ajbmeb-3184	52	11	of	of	ADP
ajbmeb-3184	52	12	monetary	monetary	ADJ
ajbmeb-3184	52	13	policy	policy	NOUN
ajbmeb-3184	52	14	,	,	PUNCT
ajbmeb-3184	52	15	as	as	SCONJ
ajbmeb-3184	52	16	they	they	PRON
ajbmeb-3184	52	17	regulate	regulate	VERB
ajbmeb-3184	52	18	the	the	DET
ajbmeb-3184	52	19	money	money	NOUN
ajbmeb-3184	52	20	supply	supply	NOUN
ajbmeb-3184	52	21	through	through	ADP
ajbmeb-3184	52	22	credit	credit	NOUN
ajbmeb-3184	52	23	issuance	issuance	NOUN
ajbmeb-3184	52	24	.	.	PUNCT
ajbmeb-3184	53	1	with	with	ADP
ajbmeb-3184	53	2	the	the	DET
ajbmeb-3184	53	3	advancement	advancement	NOUN
ajbmeb-3184	53	4	of	of	ADP
ajbmeb-3184	53	5	financial	financial	ADJ
ajbmeb-3184	53	6	technologies	technology	NOUN
ajbmeb-3184	53	7	,	,	PUNCT
ajbmeb-3184	53	8	the	the	DET
ajbmeb-3184	53	9	scope	scope	NOUN
ajbmeb-3184	53	10	of	of	ADP
ajbmeb-3184	53	11	banking	banking	NOUN
ajbmeb-3184	53	12	operations	operation	NOUN
ajbmeb-3184	53	13	has	have	AUX
ajbmeb-3184	53	14	further	far	ADV
ajbmeb-3184	53	15	expanded	expand	VERB
ajbmeb-3184	53	16	,	,	PUNCT
ajbmeb-3184	53	17	offering	offer	VERB
ajbmeb-3184	53	18	digital	digital	ADJ
ajbmeb-3184	53	19	and	and	CCONJ
ajbmeb-3184	53	20	innovative	innovative	ADJ
ajbmeb-3184	53	21	services	service	NOUN
ajbmeb-3184	53	22	.	.	PUNCT
ajbmeb-3184	54	1	thus	thus	ADV
ajbmeb-3184	54	2	,	,	PUNCT
ajbmeb-3184	54	3	commercial	commercial	ADJ
ajbmeb-3184	54	4	banks	bank	NOUN
ajbmeb-3184	54	5	today	today	NOUN
ajbmeb-3184	54	6	are	be	AUX
ajbmeb-3184	54	7	considered	consider	VERB
ajbmeb-3184	54	8	universal	universal	ADJ
ajbmeb-3184	54	9	financial	financial	ADJ
ajbmeb-3184	54	10	institutions	institution	NOUN
ajbmeb-3184	54	11	that	that	PRON
ajbmeb-3184	54	12	integrate	integrate	VERB
ajbmeb-3184	54	13	traditional	traditional	ADJ
ajbmeb-3184	54	14	and	and	CCONJ
ajbmeb-3184	54	15	modern	modern	ADJ
ajbmeb-3184	54	16	functions	function	NOUN
ajbmeb-3184	54	17	in	in	ADP
ajbmeb-3184	54	18	the	the	DET
ajbmeb-3184	54	19	global	global	ADJ
ajbmeb-3184	54	20	economy	economy	NOUN
ajbmeb-3184	54	21	.	.	PUNCT
ajbmeb-3184	55	1	figure	figure	NOUN
ajbmeb-3184	55	2	1	1	NUM
ajbmeb-3184	55	3	.	.	PUNCT
ajbmeb-3184	56	1	active	active	ADJ
ajbmeb-3184	56	2	operations	operation	NOUN
ajbmeb-3184	56	3	of	of	ADP
ajbmeb-3184	56	4	commercial	commercial	ADJ
ajbmeb-3184	56	5	banks	bank	NOUN
ajbmeb-3184	56	6	[	[	X
ajbmeb-3184	56	7	9	9	NUM
ajbmeb-3184	56	8	]	]	PUNCT
ajbmeb-3184	56	9	idle	idle	ADJ
ajbmeb-3184	56	10	funds	fund	NOUN
ajbmeb-3184	56	11	loans	loan	NOUN
ajbmeb-3184	56	12	investments	investment	NOUN
ajbmeb-3184	56	13	in	in	ADP
ajbmeb-3184	56	14	fixed	fix	VERB
ajbmeb-3184	56	15	capital	capital	NOUN
ajbmeb-3184	56	16	securities	security	NOUN
ajbmeb-3184	56	17	leasing	leasing	NOUN
ajbmeb-3184	56	18	operations	operation	NOUN
ajbmeb-3184	56	19	factoring	factoring	NOUN
ajbmeb-3184	56	20	operations	operation	NOUN
ajbmeb-3184	56	21	mortgage	mortgage	NOUN
ajbmeb-3184	56	22	operations	operation	NOUN
ajbmeb-3184	56	23	american	american	ADJ
ajbmeb-3184	56	24	journal	journal	PROPN
ajbmeb-3184	56	25	of	of	ADP
ajbmeb-3184	56	26	business	business	NOUN
ajbmeb-3184	56	27	management	management	NOUN
ajbmeb-3184	56	28	,	,	PUNCT
ajbmeb-3184	56	29	economics	economic	NOUN
ajbmeb-3184	56	30	and	and	CCONJ
ajbmeb-3184	56	31	banking	banking	NOUN
ajbmeb-3184	56	32	volume	volume	NOUN
ajbmeb-3184	56	33	43	43	NUM
ajbmeb-3184	57	1	december2025	december2025	PROPN
ajbmeb-3184	57	2	p	p	PROPN
ajbmeb-3184	57	3	a	a	DET
ajbmeb-3184	57	4	g	g	NOUN
ajbmeb-3184	57	5	e	e	NOUN
ajbmeb-3184	57	6	|	|	ADV
ajbmeb-3184	57	7	4	4	NUM
ajbmeb-3184	57	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	57	9	fund	fund	NOUN
ajbmeb-3184	57	10	placement	placement	NOUN
ajbmeb-3184	57	11	in	in	ADP
ajbmeb-3184	57	12	commercial	commercial	ADJ
ajbmeb-3184	57	13	banks	bank	NOUN
ajbmeb-3184	57	14	refers	refer	VERB
ajbmeb-3184	57	15	to	to	ADP
ajbmeb-3184	57	16	the	the	DET
ajbmeb-3184	57	17	allocation	allocation	NOUN
ajbmeb-3184	57	18	of	of	ADP
ajbmeb-3184	57	19	financial	financial	ADJ
ajbmeb-3184	57	20	resources	resource	NOUN
ajbmeb-3184	57	21	into	into	ADP
ajbmeb-3184	57	22	different	different	ADJ
ajbmeb-3184	57	23	active	active	ADJ
ajbmeb-3184	57	24	operations	operation	NOUN
ajbmeb-3184	57	25	that	that	PRON
ajbmeb-3184	57	26	generate	generate	VERB
ajbmeb-3184	57	27	income	income	NOUN
ajbmeb-3184	57	28	,	,	PUNCT
ajbmeb-3184	57	29	ensure	ensure	VERB
ajbmeb-3184	57	30	liquidity	liquidity	NOUN
ajbmeb-3184	57	31	,	,	PUNCT
ajbmeb-3184	57	32	and	and	CCONJ
ajbmeb-3184	57	33	maintain	maintain	VERB
ajbmeb-3184	57	34	stability	stability	NOUN
ajbmeb-3184	57	35	.	.	PUNCT
ajbmeb-3184	58	1	at	at	ADP
ajbmeb-3184	58	2	the	the	DET
ajbmeb-3184	58	3	early	early	ADJ
ajbmeb-3184	58	4	stage	stage	NOUN
ajbmeb-3184	58	5	,	,	PUNCT
ajbmeb-3184	58	6	banks	bank	NOUN
ajbmeb-3184	58	7	keep	keep	VERB
ajbmeb-3184	58	8	a	a	DET
ajbmeb-3184	58	9	portion	portion	NOUN
ajbmeb-3184	58	10	of	of	ADP
ajbmeb-3184	58	11	their	their	PRON
ajbmeb-3184	58	12	assets	asset	NOUN
ajbmeb-3184	58	13	as	as	ADP
ajbmeb-3184	58	14	idle	idle	ADJ
ajbmeb-3184	58	15	funds	fund	NOUN
ajbmeb-3184	58	16	,	,	PUNCT
ajbmeb-3184	58	17	such	such	ADJ
ajbmeb-3184	58	18	as	as	ADP
ajbmeb-3184	58	19	reserves	reserve	NOUN
ajbmeb-3184	58	20	in	in	ADP
ajbmeb-3184	58	21	other	other	ADJ
ajbmeb-3184	58	22	banks	bank	NOUN
ajbmeb-3184	58	23	or	or	CCONJ
ajbmeb-3184	58	24	short	short	ADJ
ajbmeb-3184	58	25	-	-	PUNCT
ajbmeb-3184	58	26	term	term	NOUN
ajbmeb-3184	58	27	balances	balance	NOUN
ajbmeb-3184	58	28	,	,	PUNCT
ajbmeb-3184	58	29	to	to	PART
ajbmeb-3184	58	30	cover	cover	VERB
ajbmeb-3184	58	31	immediate	immediate	ADJ
ajbmeb-3184	58	32	obligations	obligation	NOUN
ajbmeb-3184	58	33	.	.	PUNCT
ajbmeb-3184	59	1	this	this	PRON
ajbmeb-3184	59	2	is	be	AUX
ajbmeb-3184	59	3	a	a	DET
ajbmeb-3184	59	4	crucial	crucial	ADJ
ajbmeb-3184	59	5	element	element	NOUN
ajbmeb-3184	59	6	of	of	ADP
ajbmeb-3184	59	7	liquidity	liquidity	NOUN
ajbmeb-3184	59	8	management	management	NOUN
ajbmeb-3184	59	9	,	,	PUNCT
ajbmeb-3184	59	10	allowing	allow	VERB
ajbmeb-3184	59	11	banks	bank	NOUN
ajbmeb-3184	59	12	to	to	PART
ajbmeb-3184	59	13	meet	meet	VERB
ajbmeb-3184	59	14	payment	payment	NOUN
ajbmeb-3184	59	15	demands	demand	NOUN
ajbmeb-3184	59	16	without	without	ADP
ajbmeb-3184	59	17	disrupting	disrupt	VERB
ajbmeb-3184	59	18	their	their	PRON
ajbmeb-3184	59	19	operations	operation	NOUN
ajbmeb-3184	59	20	.	.	PUNCT
ajbmeb-3184	60	1	the	the	DET
ajbmeb-3184	60	2	most	most	ADV
ajbmeb-3184	60	3	important	important	ADJ
ajbmeb-3184	60	4	component	component	NOUN
ajbmeb-3184	60	5	of	of	ADP
ajbmeb-3184	60	6	fund	fund	NOUN
ajbmeb-3184	60	7	placement	placement	NOUN
ajbmeb-3184	60	8	remains	remain	VERB
ajbmeb-3184	60	9	lending	lending	NOUN
ajbmeb-3184	60	10	activities	activity	NOUN
ajbmeb-3184	60	11	,	,	PUNCT
ajbmeb-3184	60	12	which	which	PRON
ajbmeb-3184	60	13	represent	represent	VERB
ajbmeb-3184	60	14	the	the	DET
ajbmeb-3184	60	15	core	core	NOUN
ajbmeb-3184	60	16	of	of	ADP
ajbmeb-3184	60	17	commercial	commercial	ADJ
ajbmeb-3184	60	18	banking	banking	NOUN
ajbmeb-3184	60	19	.	.	PUNCT
ajbmeb-3184	61	1	loans	loan	NOUN
ajbmeb-3184	61	2	are	be	AUX
ajbmeb-3184	61	3	extended	extend	VERB
ajbmeb-3184	61	4	to	to	ADP
ajbmeb-3184	61	5	other	other	ADJ
ajbmeb-3184	61	6	banks	bank	NOUN
ajbmeb-3184	61	7	through	through	ADP
ajbmeb-3184	61	8	interbank	interbank	NOUN
ajbmeb-3184	61	9	credit	credit	NOUN
ajbmeb-3184	61	10	and	and	CCONJ
ajbmeb-3184	61	11	to	to	ADP
ajbmeb-3184	61	12	clients	client	NOUN
ajbmeb-3184	61	13	such	such	ADJ
ajbmeb-3184	61	14	as	as	ADP
ajbmeb-3184	61	15	households	household	NOUN
ajbmeb-3184	61	16	,	,	PUNCT
ajbmeb-3184	61	17	firms	firm	NOUN
ajbmeb-3184	61	18	,	,	PUNCT
ajbmeb-3184	61	19	and	and	CCONJ
ajbmeb-3184	61	20	government	government	NOUN
ajbmeb-3184	61	21	institutions	institution	NOUN
ajbmeb-3184	61	22	.	.	PUNCT
ajbmeb-3184	62	1	by	by	ADP
ajbmeb-3184	62	2	transforming	transform	VERB
ajbmeb-3184	62	3	short	short	ADJ
ajbmeb-3184	62	4	-	-	PUNCT
ajbmeb-3184	62	5	term	term	NOUN
ajbmeb-3184	62	6	deposits	deposit	NOUN
ajbmeb-3184	62	7	into	into	ADP
ajbmeb-3184	62	8	long	long	ADJ
ajbmeb-3184	62	9	-	-	PUNCT
ajbmeb-3184	62	10	term	term	NOUN
ajbmeb-3184	62	11	loans	loan	NOUN
ajbmeb-3184	62	12	,	,	PUNCT
ajbmeb-3184	62	13	banks	bank	NOUN
ajbmeb-3184	62	14	support	support	VERB
ajbmeb-3184	62	15	business	business	NOUN
ajbmeb-3184	62	16	activities	activity	NOUN
ajbmeb-3184	62	17	,	,	PUNCT
ajbmeb-3184	62	18	investment	investment	NOUN
ajbmeb-3184	62	19	projects	project	NOUN
ajbmeb-3184	62	20	,	,	PUNCT
ajbmeb-3184	62	21	and	and	CCONJ
ajbmeb-3184	62	22	consumer	consumer	NOUN
ajbmeb-3184	62	23	needs	need	NOUN
ajbmeb-3184	62	24	.	.	PUNCT
ajbmeb-3184	63	1	alongside	alongside	ADP
ajbmeb-3184	63	2	lending	lending	NOUN
ajbmeb-3184	63	3	,	,	PUNCT
ajbmeb-3184	63	4	commercial	commercial	ADJ
ajbmeb-3184	63	5	banks	bank	NOUN
ajbmeb-3184	63	6	also	also	ADV
ajbmeb-3184	63	7	invest	invest	VERB
ajbmeb-3184	63	8	in	in	ADP
ajbmeb-3184	63	9	fixed	fix	VERB
ajbmeb-3184	63	10	capital	capital	NOUN
ajbmeb-3184	63	11	and	and	CCONJ
ajbmeb-3184	63	12	securities	security	NOUN
ajbmeb-3184	63	13	,	,	PUNCT
ajbmeb-3184	63	14	including	include	VERB
ajbmeb-3184	63	15	bonds	bond	NOUN
ajbmeb-3184	63	16	and	and	CCONJ
ajbmeb-3184	63	17	stocks	stock	NOUN
ajbmeb-3184	63	18	,	,	PUNCT
ajbmeb-3184	63	19	which	which	PRON
ajbmeb-3184	63	20	serve	serve	VERB
ajbmeb-3184	63	21	to	to	PART
ajbmeb-3184	63	22	diversify	diversify	VERB
ajbmeb-3184	63	23	their	their	PRON
ajbmeb-3184	63	24	portfolios	portfolio	NOUN
ajbmeb-3184	63	25	and	and	CCONJ
ajbmeb-3184	63	26	create	create	VERB
ajbmeb-3184	63	27	additional	additional	ADJ
ajbmeb-3184	63	28	sources	source	NOUN
ajbmeb-3184	63	29	of	of	ADP
ajbmeb-3184	63	30	profit	profit	NOUN
ajbmeb-3184	63	31	.	.	PUNCT
ajbmeb-3184	64	1	in	in	ADP
ajbmeb-3184	64	2	addition	addition	NOUN
ajbmeb-3184	64	3	to	to	ADP
ajbmeb-3184	64	4	traditional	traditional	ADJ
ajbmeb-3184	64	5	loans	loan	NOUN
ajbmeb-3184	64	6	and	and	CCONJ
ajbmeb-3184	64	7	investments	investment	NOUN
ajbmeb-3184	64	8	,	,	PUNCT
ajbmeb-3184	64	9	commercial	commercial	ADJ
ajbmeb-3184	64	10	banks	bank	NOUN
ajbmeb-3184	64	11	engage	engage	VERB
ajbmeb-3184	64	12	in	in	ADP
ajbmeb-3184	64	13	specialized	specialized	ADJ
ajbmeb-3184	64	14	operations	operation	NOUN
ajbmeb-3184	64	15	such	such	ADJ
ajbmeb-3184	64	16	as	as	ADP
ajbmeb-3184	64	17	leasing	leasing	NOUN
ajbmeb-3184	64	18	,	,	PUNCT
ajbmeb-3184	64	19	factoring	factoring	NOUN
ajbmeb-3184	64	20	,	,	PUNCT
ajbmeb-3184	64	21	and	and	CCONJ
ajbmeb-3184	64	22	mortgage	mortgage	NOUN
ajbmeb-3184	64	23	financing	financing	NOUN
ajbmeb-3184	64	24	.	.	PUNCT
ajbmeb-3184	65	1	leasing	leasing	NOUN
ajbmeb-3184	65	2	allows	allow	VERB
ajbmeb-3184	65	3	clients	client	NOUN
ajbmeb-3184	65	4	to	to	PART
ajbmeb-3184	65	5	use	use	VERB
ajbmeb-3184	65	6	equipment	equipment	NOUN
ajbmeb-3184	65	7	or	or	CCONJ
ajbmeb-3184	65	8	property	property	NOUN
ajbmeb-3184	65	9	financed	finance	VERB
ajbmeb-3184	65	10	by	by	ADP
ajbmeb-3184	65	11	the	the	DET
ajbmeb-3184	65	12	bank	bank	NOUN
ajbmeb-3184	65	13	,	,	PUNCT
ajbmeb-3184	65	14	factoring	factoring	NOUN
ajbmeb-3184	65	15	provides	provide	VERB
ajbmeb-3184	65	16	liquidity	liquidity	NOUN
ajbmeb-3184	65	17	to	to	ADP
ajbmeb-3184	65	18	businesses	business	NOUN
ajbmeb-3184	65	19	by	by	ADP
ajbmeb-3184	65	20	purchasing	purchase	VERB
ajbmeb-3184	65	21	receivables	receivable	NOUN
ajbmeb-3184	65	22	,	,	PUNCT
ajbmeb-3184	65	23	and	and	CCONJ
ajbmeb-3184	65	24	mortgage	mortgage	NOUN
ajbmeb-3184	65	25	loans	loan	NOUN
ajbmeb-3184	65	26	offer	offer	VERB
ajbmeb-3184	65	27	long	long	ADJ
ajbmeb-3184	65	28	-	-	PUNCT
ajbmeb-3184	65	29	term	term	NOUN
ajbmeb-3184	65	30	financing	financing	NOUN
ajbmeb-3184	65	31	secured	secure	VERB
ajbmeb-3184	65	32	by	by	ADP
ajbmeb-3184	65	33	real	real	ADJ
ajbmeb-3184	65	34	estate	estate	NOUN
ajbmeb-3184	65	35	.	.	PUNCT
ajbmeb-3184	66	1	together	together	ADV
ajbmeb-3184	66	2	,	,	PUNCT
ajbmeb-3184	66	3	these	these	DET
ajbmeb-3184	66	4	operations	operation	NOUN
ajbmeb-3184	66	5	enhance	enhance	VERB
ajbmeb-3184	66	6	financial	financial	ADJ
ajbmeb-3184	66	7	intermediation	intermediation	NOUN
ajbmeb-3184	66	8	,	,	PUNCT
ajbmeb-3184	66	9	expand	expand	VERB
ajbmeb-3184	66	10	services	service	NOUN
ajbmeb-3184	66	11	for	for	ADP
ajbmeb-3184	66	12	clients	client	NOUN
ajbmeb-3184	66	13	,	,	PUNCT
ajbmeb-3184	66	14	and	and	CCONJ
ajbmeb-3184	66	15	strengthen	strengthen	VERB
ajbmeb-3184	66	16	banks	bank	NOUN
ajbmeb-3184	66	17	’	'	PUNCT
ajbmeb-3184	66	18	contribution	contribution	NOUN
ajbmeb-3184	66	19	to	to	ADP
ajbmeb-3184	66	20	economic	economic	ADJ
ajbmeb-3184	66	21	growth	growth	NOUN
ajbmeb-3184	66	22	.	.	PUNCT
ajbmeb-3184	67	1	the	the	DET
ajbmeb-3184	67	2	development	development	NOUN
ajbmeb-3184	67	3	of	of	ADP
ajbmeb-3184	67	4	active	active	ADJ
ajbmeb-3184	67	5	operations	operation	NOUN
ajbmeb-3184	67	6	in	in	ADP
ajbmeb-3184	67	7	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	67	8	’s	’s	PART
ajbmeb-3184	67	9	banking	banking	NOUN
ajbmeb-3184	67	10	sector	sector	NOUN
ajbmeb-3184	67	11	reflects	reflect	VERB
ajbmeb-3184	67	12	the	the	DET
ajbmeb-3184	67	13	country	country	NOUN
ajbmeb-3184	67	14	’s	’s	PART
ajbmeb-3184	67	15	broader	broad	ADJ
ajbmeb-3184	67	16	financial	financial	ADJ
ajbmeb-3184	67	17	reforms	reform	NOUN
ajbmeb-3184	67	18	and	and	CCONJ
ajbmeb-3184	67	19	economic	economic	ADJ
ajbmeb-3184	67	20	modernization	modernization	NOUN
ajbmeb-3184	67	21	agenda	agenda	NOUN
ajbmeb-3184	67	22	.	.	PUNCT
ajbmeb-3184	68	1	over	over	ADP
ajbmeb-3184	68	2	the	the	DET
ajbmeb-3184	68	3	last	last	ADJ
ajbmeb-3184	68	4	decade	decade	NOUN
ajbmeb-3184	68	5	,	,	PUNCT
ajbmeb-3184	68	6	commercial	commercial	ADJ
ajbmeb-3184	68	7	banks	bank	NOUN
ajbmeb-3184	68	8	have	have	AUX
ajbmeb-3184	68	9	increasingly	increasingly	ADV
ajbmeb-3184	68	10	shifted	shift	VERB
ajbmeb-3184	68	11	from	from	ADP
ajbmeb-3184	68	12	being	be	AUX
ajbmeb-3184	68	13	primarily	primarily	ADV
ajbmeb-3184	68	14	credit	credit	NOUN
ajbmeb-3184	68	15	providers	provider	NOUN
ajbmeb-3184	68	16	to	to	ADP
ajbmeb-3184	68	17	becoming	become	VERB
ajbmeb-3184	68	18	more	more	ADV
ajbmeb-3184	68	19	diversified	diversified	ADJ
ajbmeb-3184	68	20	financial	financial	ADJ
ajbmeb-3184	68	21	intermediaries	intermediary	NOUN
ajbmeb-3184	68	22	.	.	PUNCT
ajbmeb-3184	69	1	credit	credit	NOUN
ajbmeb-3184	69	2	placements	placement	NOUN
ajbmeb-3184	69	3	,	,	PUNCT
ajbmeb-3184	69	4	however	however	ADV
ajbmeb-3184	69	5	,	,	PUNCT
ajbmeb-3184	69	6	still	still	ADV
ajbmeb-3184	69	7	constitute	constitute	VERB
ajbmeb-3184	69	8	the	the	DET
ajbmeb-3184	69	9	dominant	dominant	ADJ
ajbmeb-3184	69	10	share	share	NOUN
ajbmeb-3184	69	11	of	of	ADP
ajbmeb-3184	69	12	active	active	ADJ
ajbmeb-3184	69	13	operations	operation	NOUN
ajbmeb-3184	69	14	,	,	PUNCT
ajbmeb-3184	69	15	highlighting	highlight	VERB
ajbmeb-3184	69	16	the	the	DET
ajbmeb-3184	69	17	central	central	ADJ
ajbmeb-3184	69	18	role	role	NOUN
ajbmeb-3184	69	19	of	of	ADP
ajbmeb-3184	69	20	banking	banking	NOUN
ajbmeb-3184	69	21	institutions	institution	NOUN
ajbmeb-3184	69	22	in	in	ADP
ajbmeb-3184	69	23	financing	financing	NOUN
ajbmeb-3184	69	24	enterprises	enterprise	NOUN
ajbmeb-3184	69	25	,	,	PUNCT
ajbmeb-3184	69	26	households	household	NOUN
ajbmeb-3184	69	27	,	,	PUNCT
ajbmeb-3184	69	28	and	and	CCONJ
ajbmeb-3184	69	29	government	government	NOUN
ajbmeb-3184	69	30	projects	project	NOUN
ajbmeb-3184	69	31	(	(	PUNCT
ajbmeb-3184	69	32	table	table	NOUN
ajbmeb-3184	69	33	1	1	NUM
ajbmeb-3184	69	34	)	)	PUNCT
ajbmeb-3184	69	35	.	.	PUNCT
ajbmeb-3184	70	1	in	in	ADP
ajbmeb-3184	70	2	particular	particular	ADJ
ajbmeb-3184	70	3	,	,	PUNCT
ajbmeb-3184	70	4	the	the	DET
ajbmeb-3184	70	5	rapid	rapid	ADJ
ajbmeb-3184	70	6	expansion	expansion	NOUN
ajbmeb-3184	70	7	of	of	ADP
ajbmeb-3184	70	8	lending	lend	VERB
ajbmeb-3184	70	9	to	to	ADP
ajbmeb-3184	70	10	small	small	ADJ
ajbmeb-3184	70	11	and	and	CCONJ
ajbmeb-3184	70	12	medium	medium	ADJ
ajbmeb-3184	70	13	-	-	PUNCT
ajbmeb-3184	70	14	sized	sized	ADJ
ajbmeb-3184	70	15	enterprises	enterprise	NOUN
ajbmeb-3184	70	16	(	(	PUNCT
ajbmeb-3184	70	17	smes	sme	NOUN
ajbmeb-3184	70	18	)	)	PUNCT
ajbmeb-3184	70	19	has	have	AUX
ajbmeb-3184	70	20	been	be	AUX
ajbmeb-3184	70	21	a	a	DET
ajbmeb-3184	70	22	critical	critical	ADJ
ajbmeb-3184	70	23	driver	driver	NOUN
ajbmeb-3184	70	24	of	of	ADP
ajbmeb-3184	70	25	economic	economic	ADJ
ajbmeb-3184	70	26	growth	growth	NOUN
ajbmeb-3184	70	27	and	and	CCONJ
ajbmeb-3184	70	28	job	job	NOUN
ajbmeb-3184	70	29	creation	creation	NOUN
ajbmeb-3184	70	30	.	.	PUNCT
ajbmeb-3184	71	1	table	table	NOUN
ajbmeb-3184	71	2	1	1	NUM
ajbmeb-3184	71	3	.	.	PUNCT
ajbmeb-3184	72	1	structure	structure	NOUN
ajbmeb-3184	72	2	of	of	ADP
ajbmeb-3184	72	3	active	active	ADJ
ajbmeb-3184	72	4	operations	operation	NOUN
ajbmeb-3184	72	5	of	of	ADP
ajbmeb-3184	72	6	commercial	commercial	ADJ
ajbmeb-3184	72	7	banks	bank	NOUN
ajbmeb-3184	72	8	in	in	ADP
ajbmeb-3184	72	9	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	72	10	(	(	PUNCT
ajbmeb-3184	72	11	2023–2025	2023–2025	NUM
ajbmeb-3184	72	12	)	)	PUNCT
ajbmeb-3184	72	13	indicators	indicator	NOUN
ajbmeb-3184	72	14	2023	2023	NUM
ajbmeb-3184	72	15	2024	2024	NUM
ajbmeb-3184	72	16	2025	2025	NUM
ajbmeb-3184	72	17	amount	amount	NOUN
ajbmeb-3184	72	18	percentage	percentage	NOUN
ajbmeb-3184	72	19	amount	amount	NOUN
ajbmeb-3184	72	20	percentage	percentage	NOUN
ajbmeb-3184	72	21	amount	amount	NOUN
ajbmeb-3184	72	22	percentage	percentage	NOUN
ajbmeb-3184	72	23	funds	fund	NOUN
ajbmeb-3184	72	24	(	(	PUNCT
ajbmeb-3184	72	25	cash	cash	NOUN
ajbmeb-3184	72	26	balance	balance	NOUN
ajbmeb-3184	72	27	)	)	PUNCT
ajbmeb-3184	72	28	19,309.1	19,309.1	NOUN
ajbmeb-3184	72	29	3.5	3.5	NUM
ajbmeb-3184	72	30	20,201.8	20,201.8	NUM
ajbmeb-3184	72	31	3.1	3.1	NUM
ajbmeb-3184	72	32	25,154.3	25,154.3	NUM
ajbmeb-3184	72	33	3.3	3.3	NUM
ajbmeb-3184	72	34	loans	loan	NOUN
ajbmeb-3184	72	35	,	,	PUNCT
ajbmeb-3184	72	36	net	net	ADJ
ajbmeb-3184	72	37	378,909.2	378,909.2	NUM
ajbmeb-3184	72	38	68.1	68.1	NUM
ajbmeb-3184	72	39	457,847.1	457,847.1	NOUN
ajbmeb-3184	72	40	70.2	70.2	NUM
ajbmeb-3184	72	41	514,692.6	514,692.6	NUM
ajbmeb-3184	72	42	66.9	66.9	NUM
ajbmeb-3184	72	43	investments	investment	NOUN
ajbmeb-3184	72	44	and	and	CCONJ
ajbmeb-3184	72	45	other	other	ADJ
ajbmeb-3184	72	46	securities	security	NOUN
ajbmeb-3184	72	47	31,507.9	31,507.9	VERB
ajbmeb-3184	72	48	5.7	5.7	NUM
ajbmeb-3184	72	49	32,548.3	32,548.3	NUM
ajbmeb-3184	72	50	5.0	5.0	NUM
ajbmeb-3184	72	51	59,613.9	59,613.9	NUM
ajbmeb-3184	72	52	7.7	7.7	NUM
ajbmeb-3184	72	53	funds	fund	NOUN
ajbmeb-3184	72	54	in	in	ADP
ajbmeb-3184	72	55	the	the	DET
ajbmeb-3184	72	56	central	central	ADJ
ajbmeb-3184	72	57	bank	bank	PROPN
ajbmeb-3184	72	58	36,592.1	36,592.1	NOUN
ajbmeb-3184	72	59	6.6	6.6	NUM
ajbmeb-3184	72	60	33,228.0	33,228.0	NUM
ajbmeb-3184	72	61	5.1	5.1	NUM
ajbmeb-3184	72	62	34,511.8	34,511.8	NUM
ajbmeb-3184	72	63	4.5	4.5	NUM
ajbmeb-3184	72	64	funds	fund	NOUN
ajbmeb-3184	72	65	in	in	ADP
ajbmeb-3184	72	66	other	other	ADJ
ajbmeb-3184	72	67	banks	bank	NOUN
ajbmeb-3184	72	68	–	–	PUNCT
ajbmeb-3184	72	69	nonresidents	nonresident	VERB
ajbmeb-3184	72	70	37,688.3	37,688.3	ADJ
ajbmeb-3184	72	71	6.8	6.8	NUM
ajbmeb-3184	72	72	28,862.5	28,862.5	NUM
ajbmeb-3184	72	73	4.4	4.4	NUM
ajbmeb-3184	72	74	36,039.3	36,039.3	NUM
ajbmeb-3184	72	75	4.7	4.7	NUM
ajbmeb-3184	72	76	funds	fund	NOUN
ajbmeb-3184	72	77	in	in	ADP
ajbmeb-3184	72	78	other	other	ADJ
ajbmeb-3184	72	79	banks	bank	NOUN
ajbmeb-3184	72	80	–	–	PUNCT
ajbmeb-3184	72	81	residents	resident	NOUN
ajbmeb-3184	72	82	17,423.7	17,423.7	VERB
ajbmeb-3184	72	83	3.1	3.1	NUM
ajbmeb-3184	72	84	24,368.5	24,368.5	NUM
ajbmeb-3184	72	85	3.7	3.7	NUM
ajbmeb-3184	72	86	29,175.9	29,175.9	NUM
ajbmeb-3184	72	87	3.8	3.8	NUM
ajbmeb-3184	72	88	clients	client	NOUN
ajbmeb-3184	72	89	’	'	PUNCT
ajbmeb-3184	72	90	liabilities	liability	NOUN
ajbmeb-3184	72	91	on	on	ADP
ajbmeb-3184	72	92	financial	financial	ADJ
ajbmeb-3184	72	93	instruments	instrument	NOUN
ajbmeb-3184	72	94	1,606.3	1,606.3	NUM
ajbmeb-3184	72	95	0.3	0.3	NUM
ajbmeb-3184	72	96	3,334.0	3,334.0	NUM
ajbmeb-3184	72	97	0.5	0.5	NUM
ajbmeb-3184	72	98	432.4	432.4	NUM
ajbmeb-3184	72	99	0.1	0.1	NUM
ajbmeb-3184	72	100	total	total	ADJ
ajbmeb-3184	72	101	assets	asset	NOUN
ajbmeb-3184	72	102	556,746.3	556,746.3	NOUN
ajbmeb-3184	72	103	100.0	100.0	NUM
ajbmeb-3184	72	104	652,157.1	652,157.1	NOUN
ajbmeb-3184	72	105	100.0	100.0	NUM
ajbmeb-3184	72	106	769,330.4	769,330.4	NUM
ajbmeb-3184	72	107	100.0	100.0	NUM
ajbmeb-3184	72	108	american	american	ADJ
ajbmeb-3184	72	109	journal	journal	PROPN
ajbmeb-3184	72	110	of	of	ADP
ajbmeb-3184	72	111	business	business	NOUN
ajbmeb-3184	72	112	management	management	NOUN
ajbmeb-3184	72	113	,	,	PUNCT
ajbmeb-3184	72	114	economics	economic	NOUN
ajbmeb-3184	72	115	and	and	CCONJ
ajbmeb-3184	72	116	banking	banking	NOUN
ajbmeb-3184	72	117	volume	volume	NOUN
ajbmeb-3184	72	118	43	43	NUM
ajbmeb-3184	73	1	december2025	december2025	PROPN
ajbmeb-3184	73	2	p	p	PROPN
ajbmeb-3184	73	3	a	a	DET
ajbmeb-3184	73	4	g	g	NOUN
ajbmeb-3184	73	5	e	e	NOUN
ajbmeb-3184	73	6	|	|	ADV
ajbmeb-3184	73	7	5	5	NUM
ajbmeb-3184	73	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	73	9	the	the	DET
ajbmeb-3184	73	10	data	datum	NOUN
ajbmeb-3184	73	11	in	in	ADP
ajbmeb-3184	73	12	table	table	NOUN
ajbmeb-3184	73	13	1	1	NUM
ajbmeb-3184	73	14	illustrate	illustrate	VERB
ajbmeb-3184	73	15	the	the	DET
ajbmeb-3184	73	16	structure	structure	NOUN
ajbmeb-3184	73	17	of	of	ADP
ajbmeb-3184	73	18	active	active	ADJ
ajbmeb-3184	73	19	operations	operation	NOUN
ajbmeb-3184	73	20	in	in	ADP
ajbmeb-3184	73	21	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	73	22	’s	’s	PART
ajbmeb-3184	73	23	commercial	commercial	ADJ
ajbmeb-3184	73	24	banks	bank	NOUN
ajbmeb-3184	73	25	during	during	ADP
ajbmeb-3184	73	26	2023–2025	2023–2025	NUM
ajbmeb-3184	73	27	.	.	PUNCT
ajbmeb-3184	74	1	it	it	PRON
ajbmeb-3184	74	2	is	be	AUX
ajbmeb-3184	74	3	clear	clear	ADJ
ajbmeb-3184	74	4	that	that	SCONJ
ajbmeb-3184	74	5	loans	loan	NOUN
ajbmeb-3184	74	6	(	(	PUNCT
ajbmeb-3184	74	7	net	net	NOUN
ajbmeb-3184	74	8	)	)	PUNCT
ajbmeb-3184	74	9	remain	remain	VERB
ajbmeb-3184	74	10	the	the	DET
ajbmeb-3184	74	11	dominant	dominant	ADJ
ajbmeb-3184	74	12	component	component	NOUN
ajbmeb-3184	74	13	,	,	PUNCT
ajbmeb-3184	74	14	making	make	VERB
ajbmeb-3184	74	15	up	up	ADP
ajbmeb-3184	74	16	nearly	nearly	ADV
ajbmeb-3184	74	17	68	68	NUM
ajbmeb-3184	74	18	–	–	PUNCT
ajbmeb-3184	74	19	70	70	NUM
ajbmeb-3184	74	20	%	%	NOUN
ajbmeb-3184	74	21	of	of	ADP
ajbmeb-3184	74	22	total	total	ADJ
ajbmeb-3184	74	23	assets	asset	NOUN
ajbmeb-3184	74	24	.	.	PUNCT
ajbmeb-3184	75	1	this	this	PRON
ajbmeb-3184	75	2	reflects	reflect	VERB
ajbmeb-3184	75	3	the	the	DET
ajbmeb-3184	75	4	traditional	traditional	ADJ
ajbmeb-3184	75	5	role	role	NOUN
ajbmeb-3184	75	6	of	of	ADP
ajbmeb-3184	75	7	commercial	commercial	ADJ
ajbmeb-3184	75	8	banks	bank	NOUN
ajbmeb-3184	75	9	as	as	ADP
ajbmeb-3184	75	10	key	key	ADJ
ajbmeb-3184	75	11	providers	provider	NOUN
ajbmeb-3184	75	12	of	of	ADP
ajbmeb-3184	75	13	credit	credit	NOUN
ajbmeb-3184	75	14	to	to	ADP
ajbmeb-3184	75	15	enterprises	enterprise	NOUN
ajbmeb-3184	75	16	,	,	PUNCT
ajbmeb-3184	75	17	households	household	NOUN
ajbmeb-3184	75	18	,	,	PUNCT
ajbmeb-3184	75	19	and	and	CCONJ
ajbmeb-3184	75	20	government	government	NOUN
ajbmeb-3184	75	21	projects	project	NOUN
ajbmeb-3184	75	22	.	.	PUNCT
ajbmeb-3184	76	1	however	however	ADV
ajbmeb-3184	76	2	,	,	PUNCT
ajbmeb-3184	76	3	the	the	DET
ajbmeb-3184	76	4	slight	slight	ADJ
ajbmeb-3184	76	5	decline	decline	NOUN
ajbmeb-3184	76	6	in	in	ADP
ajbmeb-3184	76	7	their	their	PRON
ajbmeb-3184	76	8	share	share	NOUN
ajbmeb-3184	76	9	in	in	ADP
ajbmeb-3184	76	10	2025	2025	NUM
ajbmeb-3184	76	11	(	(	PUNCT
ajbmeb-3184	76	12	66.9	66.9	NUM
ajbmeb-3184	76	13	%	%	NOUN
ajbmeb-3184	76	14	)	)	PUNCT
ajbmeb-3184	76	15	suggests	suggest	VERB
ajbmeb-3184	76	16	that	that	SCONJ
ajbmeb-3184	76	17	banks	bank	NOUN
ajbmeb-3184	76	18	are	be	AUX
ajbmeb-3184	76	19	gradually	gradually	ADV
ajbmeb-3184	76	20	diversifying	diversify	VERB
ajbmeb-3184	76	21	into	into	ADP
ajbmeb-3184	76	22	other	other	ADJ
ajbmeb-3184	76	23	forms	form	NOUN
ajbmeb-3184	76	24	of	of	ADP
ajbmeb-3184	76	25	active	active	ADJ
ajbmeb-3184	76	26	operations	operation	NOUN
ajbmeb-3184	76	27	.	.	PUNCT
ajbmeb-3184	77	1	a	a	DET
ajbmeb-3184	77	2	notable	notable	ADJ
ajbmeb-3184	77	3	development	development	NOUN
ajbmeb-3184	77	4	is	be	AUX
ajbmeb-3184	77	5	the	the	DET
ajbmeb-3184	77	6	expansion	expansion	NOUN
ajbmeb-3184	77	7	of	of	ADP
ajbmeb-3184	77	8	investments	investment	NOUN
ajbmeb-3184	77	9	and	and	CCONJ
ajbmeb-3184	77	10	other	other	ADJ
ajbmeb-3184	77	11	securities	security	NOUN
ajbmeb-3184	77	12	,	,	PUNCT
ajbmeb-3184	77	13	which	which	PRON
ajbmeb-3184	77	14	increased	increase	VERB
ajbmeb-3184	77	15	both	both	PRON
ajbmeb-3184	77	16	in	in	ADP
ajbmeb-3184	77	17	absolute	absolute	ADJ
ajbmeb-3184	77	18	value	value	NOUN
ajbmeb-3184	77	19	and	and	CCONJ
ajbmeb-3184	77	20	as	as	ADP
ajbmeb-3184	77	21	a	a	DET
ajbmeb-3184	77	22	share	share	NOUN
ajbmeb-3184	77	23	of	of	ADP
ajbmeb-3184	77	24	total	total	ADJ
ajbmeb-3184	77	25	assets	asset	NOUN
ajbmeb-3184	77	26	,	,	PUNCT
ajbmeb-3184	77	27	rising	rise	VERB
ajbmeb-3184	77	28	from	from	ADP
ajbmeb-3184	77	29	5.7	5.7	NUM
ajbmeb-3184	77	30	%	%	NOUN
ajbmeb-3184	77	31	in	in	ADP
ajbmeb-3184	77	32	2023	2023	NUM
ajbmeb-3184	77	33	to	to	ADP
ajbmeb-3184	77	34	7.7	7.7	NUM
ajbmeb-3184	77	35	%	%	NOUN
ajbmeb-3184	77	36	in	in	ADP
ajbmeb-3184	77	37	2025	2025	NUM
ajbmeb-3184	77	38	.	.	PUNCT
ajbmeb-3184	78	1	this	this	DET
ajbmeb-3184	78	2	growth	growth	NOUN
ajbmeb-3184	78	3	indicates	indicate	VERB
ajbmeb-3184	78	4	that	that	SCONJ
ajbmeb-3184	78	5	banks	bank	NOUN
ajbmeb-3184	78	6	are	be	AUX
ajbmeb-3184	78	7	seeking	seek	VERB
ajbmeb-3184	78	8	alternative	alternative	ADJ
ajbmeb-3184	78	9	income	income	NOUN
ajbmeb-3184	78	10	streams	stream	NOUN
ajbmeb-3184	78	11	beyond	beyond	ADP
ajbmeb-3184	78	12	lending	lending	NOUN
ajbmeb-3184	78	13	,	,	PUNCT
ajbmeb-3184	78	14	aligning	align	VERB
ajbmeb-3184	78	15	with	with	ADP
ajbmeb-3184	78	16	global	global	ADJ
ajbmeb-3184	78	17	trends	trend	NOUN
ajbmeb-3184	78	18	of	of	ADP
ajbmeb-3184	78	19	portfolio	portfolio	NOUN
ajbmeb-3184	78	20	diversification	diversification	NOUN
ajbmeb-3184	78	21	and	and	CCONJ
ajbmeb-3184	78	22	enhanced	enhance	VERB
ajbmeb-3184	78	23	risk	risk	NOUN
ajbmeb-3184	78	24	management	management	NOUN
ajbmeb-3184	78	25	.	.	PUNCT
ajbmeb-3184	79	1	investment	investment	NOUN
ajbmeb-3184	79	2	operations	operation	NOUN
ajbmeb-3184	79	3	have	have	AUX
ajbmeb-3184	79	4	gained	gain	VERB
ajbmeb-3184	79	5	momentum	momentum	NOUN
ajbmeb-3184	79	6	,	,	PUNCT
ajbmeb-3184	79	7	supported	support	VERB
ajbmeb-3184	79	8	by	by	ADP
ajbmeb-3184	79	9	the	the	DET
ajbmeb-3184	79	10	government	government	NOUN
ajbmeb-3184	79	11	’s	’s	PART
ajbmeb-3184	79	12	policy	policy	NOUN
ajbmeb-3184	79	13	of	of	ADP
ajbmeb-3184	79	14	liberalizing	liberalize	VERB
ajbmeb-3184	79	15	financial	financial	ADJ
ajbmeb-3184	79	16	markets	market	NOUN
ajbmeb-3184	79	17	and	and	CCONJ
ajbmeb-3184	79	18	attracting	attract	VERB
ajbmeb-3184	79	19	both	both	CCONJ
ajbmeb-3184	79	20	domestic	domestic	ADJ
ajbmeb-3184	79	21	and	and	CCONJ
ajbmeb-3184	79	22	foreign	foreign	ADJ
ajbmeb-3184	79	23	investors	investor	NOUN
ajbmeb-3184	79	24	.	.	PUNCT
ajbmeb-3184	80	1	commercial	commercial	ADJ
ajbmeb-3184	80	2	banks	bank	NOUN
ajbmeb-3184	80	3	are	be	AUX
ajbmeb-3184	80	4	gradually	gradually	ADV
ajbmeb-3184	80	5	building	build	VERB
ajbmeb-3184	80	6	portfolios	portfolio	NOUN
ajbmeb-3184	80	7	of	of	ADP
ajbmeb-3184	80	8	government	government	NOUN
ajbmeb-3184	80	9	securities	security	NOUN
ajbmeb-3184	80	10	,	,	PUNCT
ajbmeb-3184	80	11	corporate	corporate	ADJ
ajbmeb-3184	80	12	bonds	bond	NOUN
ajbmeb-3184	80	13	,	,	PUNCT
ajbmeb-3184	80	14	and	and	CCONJ
ajbmeb-3184	80	15	equity	equity	NOUN
ajbmeb-3184	80	16	instruments	instrument	NOUN
ajbmeb-3184	80	17	,	,	PUNCT
ajbmeb-3184	80	18	reflecting	reflect	VERB
ajbmeb-3184	80	19	a	a	DET
ajbmeb-3184	80	20	trend	trend	NOUN
ajbmeb-3184	80	21	toward	toward	ADP
ajbmeb-3184	80	22	diversifying	diversify	VERB
ajbmeb-3184	80	23	income	income	NOUN
ajbmeb-3184	80	24	sources	source	NOUN
ajbmeb-3184	80	25	and	and	CCONJ
ajbmeb-3184	80	26	managing	manage	VERB
ajbmeb-3184	80	27	risks	risk	NOUN
ajbmeb-3184	80	28	more	more	ADV
ajbmeb-3184	80	29	effectively	effectively	ADV
ajbmeb-3184	80	30	.	.	PUNCT
ajbmeb-3184	81	1	this	this	DET
ajbmeb-3184	81	2	development	development	NOUN
ajbmeb-3184	81	3	also	also	ADV
ajbmeb-3184	81	4	aligns	align	VERB
ajbmeb-3184	81	5	with	with	ADP
ajbmeb-3184	81	6	the	the	DET
ajbmeb-3184	81	7	central	central	ADJ
ajbmeb-3184	81	8	bank	bank	PROPN
ajbmeb-3184	81	9	of	of	ADP
ajbmeb-3184	81	10	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	81	11	’s	’s	PART
ajbmeb-3184	81	12	efforts	effort	NOUN
ajbmeb-3184	81	13	to	to	PART
ajbmeb-3184	81	14	strengthen	strengthen	VERB
ajbmeb-3184	81	15	monetary	monetary	ADJ
ajbmeb-3184	81	16	transmission	transmission	NOUN
ajbmeb-3184	81	17	mechanisms	mechanism	NOUN
ajbmeb-3184	81	18	through	through	ADP
ajbmeb-3184	81	19	open	open	ADJ
ajbmeb-3184	81	20	market	market	NOUN
ajbmeb-3184	81	21	operations	operation	NOUN
ajbmeb-3184	81	22	.	.	PUNCT
ajbmeb-3184	82	1	at	at	ADP
ajbmeb-3184	82	2	the	the	DET
ajbmeb-3184	82	3	same	same	ADJ
ajbmeb-3184	82	4	time	time	NOUN
ajbmeb-3184	82	5	,	,	PUNCT
ajbmeb-3184	82	6	funds	fund	NOUN
ajbmeb-3184	82	7	placed	place	VERB
ajbmeb-3184	82	8	in	in	ADP
ajbmeb-3184	82	9	the	the	DET
ajbmeb-3184	82	10	central	central	ADJ
ajbmeb-3184	82	11	bank	bank	NOUN
ajbmeb-3184	82	12	and	and	CCONJ
ajbmeb-3184	82	13	in	in	ADP
ajbmeb-3184	82	14	other	other	ADJ
ajbmeb-3184	82	15	resident	resident	NOUN
ajbmeb-3184	82	16	and	and	CCONJ
ajbmeb-3184	82	17	non	non	ADJ
ajbmeb-3184	82	18	-	-	ADJ
ajbmeb-3184	82	19	resident	resident	ADJ
ajbmeb-3184	82	20	banks	bank	NOUN
ajbmeb-3184	82	21	fluctuate	fluctuate	NOUN
ajbmeb-3184	82	22	,	,	PUNCT
ajbmeb-3184	82	23	reflecting	reflect	VERB
ajbmeb-3184	82	24	liquidity	liquidity	NOUN
ajbmeb-3184	82	25	management	management	NOUN
ajbmeb-3184	82	26	strategies	strategy	NOUN
ajbmeb-3184	82	27	and	and	CCONJ
ajbmeb-3184	82	28	adjustments	adjustment	NOUN
ajbmeb-3184	82	29	to	to	ADP
ajbmeb-3184	82	30	international	international	ADJ
ajbmeb-3184	82	31	financial	financial	ADJ
ajbmeb-3184	82	32	cooperation	cooperation	NOUN
ajbmeb-3184	82	33	.	.	PUNCT
ajbmeb-3184	83	1	meanwhile	meanwhile	ADV
ajbmeb-3184	83	2	,	,	PUNCT
ajbmeb-3184	83	3	cash	cash	NOUN
ajbmeb-3184	83	4	balances	balance	NOUN
ajbmeb-3184	83	5	remain	remain	VERB
ajbmeb-3184	83	6	relatively	relatively	ADV
ajbmeb-3184	83	7	stable	stable	ADJ
ajbmeb-3184	83	8	at	at	ADP
ajbmeb-3184	83	9	around	around	ADP
ajbmeb-3184	83	10	3–3.5	3–3.5	NUM
ajbmeb-3184	83	11	%	%	NOUN
ajbmeb-3184	83	12	,	,	PUNCT
ajbmeb-3184	83	13	primarily	primarily	ADV
ajbmeb-3184	83	14	serving	serve	VERB
ajbmeb-3184	83	15	operational	operational	ADJ
ajbmeb-3184	83	16	liquidity	liquidity	NOUN
ajbmeb-3184	83	17	needs	need	NOUN
ajbmeb-3184	83	18	.	.	PUNCT
ajbmeb-3184	84	1	clients	client	NOUN
ajbmeb-3184	84	2	’	'	PUNCT
ajbmeb-3184	84	3	liabilities	liability	NOUN
ajbmeb-3184	84	4	on	on	ADP
ajbmeb-3184	84	5	financial	financial	ADJ
ajbmeb-3184	84	6	instruments	instrument	NOUN
ajbmeb-3184	84	7	,	,	PUNCT
ajbmeb-3184	84	8	on	on	ADP
ajbmeb-3184	84	9	the	the	DET
ajbmeb-3184	84	10	other	other	ADJ
ajbmeb-3184	84	11	hand	hand	NOUN
ajbmeb-3184	84	12	,	,	PUNCT
ajbmeb-3184	84	13	remain	remain	VERB
ajbmeb-3184	84	14	marginal	marginal	ADJ
ajbmeb-3184	84	15	and	and	CCONJ
ajbmeb-3184	84	16	even	even	ADV
ajbmeb-3184	84	17	decline	decline	VERB
ajbmeb-3184	84	18	to	to	ADP
ajbmeb-3184	84	19	0.1	0.1	NUM
ajbmeb-3184	84	20	%	%	NOUN
ajbmeb-3184	84	21	in	in	ADP
ajbmeb-3184	84	22	2025	2025	NUM
ajbmeb-3184	84	23	,	,	PUNCT
ajbmeb-3184	84	24	showing	show	VERB
ajbmeb-3184	84	25	that	that	SCONJ
ajbmeb-3184	84	26	such	such	ADJ
ajbmeb-3184	84	27	instruments	instrument	NOUN
ajbmeb-3184	84	28	have	have	AUX
ajbmeb-3184	84	29	not	not	PART
ajbmeb-3184	84	30	yet	yet	ADV
ajbmeb-3184	84	31	become	become	VERB
ajbmeb-3184	84	32	a	a	DET
ajbmeb-3184	84	33	significant	significant	ADJ
ajbmeb-3184	84	34	element	element	NOUN
ajbmeb-3184	84	35	of	of	ADP
ajbmeb-3184	84	36	the	the	DET
ajbmeb-3184	84	37	uzbek	uzbek	PROPN
ajbmeb-3184	84	38	banking	banking	NOUN
ajbmeb-3184	84	39	system	system	NOUN
ajbmeb-3184	84	40	.	.	PUNCT
ajbmeb-3184	85	1	taken	take	VERB
ajbmeb-3184	85	2	together	together	ADV
ajbmeb-3184	85	3	,	,	PUNCT
ajbmeb-3184	85	4	the	the	DET
ajbmeb-3184	85	5	figures	figure	NOUN
ajbmeb-3184	85	6	demonstrate	demonstrate	VERB
ajbmeb-3184	85	7	that	that	SCONJ
ajbmeb-3184	85	8	while	while	SCONJ
ajbmeb-3184	85	9	credit	credit	NOUN
ajbmeb-3184	85	10	operations	operation	NOUN
ajbmeb-3184	85	11	remain	remain	VERB
ajbmeb-3184	85	12	central	central	ADJ
ajbmeb-3184	85	13	to	to	ADP
ajbmeb-3184	85	14	banking	banking	NOUN
ajbmeb-3184	85	15	activity	activity	NOUN
ajbmeb-3184	85	16	,	,	PUNCT
ajbmeb-3184	85	17	there	there	PRON
ajbmeb-3184	85	18	is	be	VERB
ajbmeb-3184	85	19	a	a	DET
ajbmeb-3184	85	20	clear	clear	ADJ
ajbmeb-3184	85	21	trend	trend	NOUN
ajbmeb-3184	85	22	toward	toward	ADP
ajbmeb-3184	85	23	diversification	diversification	NOUN
ajbmeb-3184	85	24	and	and	CCONJ
ajbmeb-3184	85	25	modernization	modernization	NOUN
ajbmeb-3184	85	26	of	of	ADP
ajbmeb-3184	85	27	active	active	ADJ
ajbmeb-3184	85	28	operations	operation	NOUN
ajbmeb-3184	85	29	,	,	PUNCT
ajbmeb-3184	85	30	which	which	PRON
ajbmeb-3184	85	31	contributes	contribute	VERB
ajbmeb-3184	85	32	to	to	ADP
ajbmeb-3184	85	33	greater	great	ADJ
ajbmeb-3184	85	34	resilience	resilience	NOUN
ajbmeb-3184	85	35	and	and	CCONJ
ajbmeb-3184	85	36	efficiency	efficiency	NOUN
ajbmeb-3184	85	37	of	of	ADP
ajbmeb-3184	85	38	the	the	DET
ajbmeb-3184	85	39	financial	financial	ADJ
ajbmeb-3184	85	40	system	system	NOUN
ajbmeb-3184	85	41	.	.	PUNCT
ajbmeb-3184	86	1	another	another	DET
ajbmeb-3184	86	2	significant	significant	ADJ
ajbmeb-3184	86	3	trend	trend	NOUN
ajbmeb-3184	86	4	is	be	AUX
ajbmeb-3184	86	5	the	the	DET
ajbmeb-3184	86	6	growing	grow	VERB
ajbmeb-3184	86	7	role	role	NOUN
ajbmeb-3184	86	8	of	of	ADP
ajbmeb-3184	86	9	modern	modern	ADJ
ajbmeb-3184	86	10	financial	financial	ADJ
ajbmeb-3184	86	11	instruments	instrument	NOUN
ajbmeb-3184	86	12	in	in	ADP
ajbmeb-3184	86	13	active	active	ADJ
ajbmeb-3184	86	14	operations	operation	NOUN
ajbmeb-3184	86	15	.	.	PUNCT
ajbmeb-3184	87	1	leasing	leasing	NOUN
ajbmeb-3184	87	2	,	,	PUNCT
ajbmeb-3184	87	3	factoring	factoring	NOUN
ajbmeb-3184	87	4	,	,	PUNCT
ajbmeb-3184	87	5	and	and	CCONJ
ajbmeb-3184	87	6	mortgage	mortgage	NOUN
ajbmeb-3184	87	7	lending	lending	NOUN
ajbmeb-3184	87	8	are	be	AUX
ajbmeb-3184	87	9	increasingly	increasingly	ADV
ajbmeb-3184	87	10	important	important	ADJ
ajbmeb-3184	87	11	,	,	PUNCT
ajbmeb-3184	87	12	especially	especially	ADV
ajbmeb-3184	87	13	in	in	ADP
ajbmeb-3184	87	14	sectors	sector	NOUN
ajbmeb-3184	87	15	such	such	ADJ
ajbmeb-3184	87	16	as	as	ADP
ajbmeb-3184	87	17	housing	housing	NOUN
ajbmeb-3184	87	18	,	,	PUNCT
ajbmeb-3184	87	19	agriculture	agriculture	NOUN
ajbmeb-3184	87	20	,	,	PUNCT
ajbmeb-3184	87	21	and	and	CCONJ
ajbmeb-3184	87	22	industrial	industrial	ADJ
ajbmeb-3184	87	23	production	production	NOUN
ajbmeb-3184	87	24	.	.	PUNCT
ajbmeb-3184	88	1	these	these	DET
ajbmeb-3184	88	2	instruments	instrument	NOUN
ajbmeb-3184	88	3	not	not	PART
ajbmeb-3184	88	4	only	only	ADV
ajbmeb-3184	88	5	support	support	VERB
ajbmeb-3184	88	6	specific	specific	ADJ
ajbmeb-3184	88	7	industries	industry	NOUN
ajbmeb-3184	88	8	but	but	CCONJ
ajbmeb-3184	88	9	also	also	ADV
ajbmeb-3184	88	10	expand	expand	VERB
ajbmeb-3184	88	11	access	access	NOUN
ajbmeb-3184	88	12	to	to	ADP
ajbmeb-3184	88	13	finance	finance	NOUN
ajbmeb-3184	88	14	for	for	ADP
ajbmeb-3184	88	15	broader	broad	ADJ
ajbmeb-3184	88	16	segments	segment	NOUN
ajbmeb-3184	88	17	of	of	ADP
ajbmeb-3184	88	18	the	the	DET
ajbmeb-3184	88	19	economy	economy	NOUN
ajbmeb-3184	88	20	.	.	PUNCT
ajbmeb-3184	89	1	the	the	DET
ajbmeb-3184	89	2	rise	rise	NOUN
ajbmeb-3184	89	3	of	of	ADP
ajbmeb-3184	89	4	mortgage	mortgage	NOUN
ajbmeb-3184	89	5	lending	lending	NOUN
ajbmeb-3184	89	6	,	,	PUNCT
ajbmeb-3184	89	7	in	in	ADP
ajbmeb-3184	89	8	particular	particular	ADJ
ajbmeb-3184	89	9	,	,	PUNCT
ajbmeb-3184	89	10	demonstrates	demonstrate	VERB
ajbmeb-3184	89	11	the	the	DET
ajbmeb-3184	89	12	deepening	deepening	NOUN
ajbmeb-3184	89	13	of	of	ADP
ajbmeb-3184	89	14	long	long	ADJ
ajbmeb-3184	89	15	-	-	PUNCT
ajbmeb-3184	89	16	term	term	NOUN
ajbmeb-3184	89	17	financial	financial	ADJ
ajbmeb-3184	89	18	intermediation	intermediation	NOUN
ajbmeb-3184	89	19	and	and	CCONJ
ajbmeb-3184	89	20	contributes	contribute	VERB
ajbmeb-3184	89	21	to	to	ADP
ajbmeb-3184	89	22	the	the	DET
ajbmeb-3184	89	23	development	development	NOUN
ajbmeb-3184	89	24	of	of	ADP
ajbmeb-3184	89	25	the	the	DET
ajbmeb-3184	89	26	real	real	ADJ
ajbmeb-3184	89	27	estate	estate	NOUN
ajbmeb-3184	89	28	market	market	NOUN
ajbmeb-3184	89	29	.	.	PUNCT
ajbmeb-3184	90	1	finally	finally	ADV
ajbmeb-3184	90	2	,	,	PUNCT
ajbmeb-3184	90	3	digital	digital	ADJ
ajbmeb-3184	90	4	transformation	transformation	NOUN
ajbmeb-3184	90	5	has	have	AUX
ajbmeb-3184	90	6	become	become	VERB
ajbmeb-3184	90	7	a	a	DET
ajbmeb-3184	90	8	decisive	decisive	ADJ
ajbmeb-3184	90	9	factor	factor	NOUN
ajbmeb-3184	90	10	shaping	shape	VERB
ajbmeb-3184	90	11	active	active	ADJ
ajbmeb-3184	90	12	operations	operation	NOUN
ajbmeb-3184	90	13	in	in	ADP
ajbmeb-3184	90	14	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	90	15	’s	’s	PART
ajbmeb-3184	90	16	banking	banking	NOUN
ajbmeb-3184	90	17	system	system	NOUN
ajbmeb-3184	90	18	.	.	PUNCT
ajbmeb-3184	91	1	the	the	DET
ajbmeb-3184	91	2	rapid	rapid	ADJ
ajbmeb-3184	91	3	adoption	adoption	NOUN
ajbmeb-3184	91	4	of	of	ADP
ajbmeb-3184	91	5	fintech	fintech	NOUN
ajbmeb-3184	91	6	solutions	solution	NOUN
ajbmeb-3184	91	7	,	,	PUNCT
ajbmeb-3184	91	8	mobile	mobile	ADJ
ajbmeb-3184	91	9	banking	banking	NOUN
ajbmeb-3184	91	10	,	,	PUNCT
ajbmeb-3184	91	11	and	and	CCONJ
ajbmeb-3184	91	12	electronic	electronic	ADJ
ajbmeb-3184	91	13	payment	payment	NOUN
ajbmeb-3184	91	14	systems	system	NOUN
ajbmeb-3184	91	15	has	have	AUX
ajbmeb-3184	91	16	expanded	expand	VERB
ajbmeb-3184	91	17	the	the	DET
ajbmeb-3184	91	18	scope	scope	NOUN
ajbmeb-3184	91	19	of	of	ADP
ajbmeb-3184	91	20	lending	lending	NOUN
ajbmeb-3184	91	21	and	and	CCONJ
ajbmeb-3184	91	22	investment	investment	NOUN
ajbmeb-3184	91	23	services	service	NOUN
ajbmeb-3184	91	24	.	.	PUNCT
ajbmeb-3184	92	1	this	this	DET
ajbmeb-3184	92	2	trend	trend	NOUN
ajbmeb-3184	92	3	enhances	enhance	VERB
ajbmeb-3184	92	4	financial	financial	ADJ
ajbmeb-3184	92	5	inclusion	inclusion	NOUN
ajbmeb-3184	92	6	and	and	CCONJ
ajbmeb-3184	92	7	efficiency	efficiency	NOUN
ajbmeb-3184	92	8	,	,	PUNCT
ajbmeb-3184	92	9	allowing	allow	VERB
ajbmeb-3184	92	10	banks	bank	NOUN
ajbmeb-3184	92	11	to	to	PART
ajbmeb-3184	92	12	reach	reach	VERB
ajbmeb-3184	92	13	a	a	DET
ajbmeb-3184	92	14	larger	large	ADJ
ajbmeb-3184	92	15	customer	customer	NOUN
ajbmeb-3184	92	16	base	base	NOUN
ajbmeb-3184	92	17	while	while	SCONJ
ajbmeb-3184	92	18	reducing	reduce	VERB
ajbmeb-3184	92	19	transaction	transaction	NOUN
ajbmeb-3184	92	20	costs	cost	NOUN
ajbmeb-3184	92	21	.	.	PUNCT
ajbmeb-3184	93	1	taken	take	VERB
ajbmeb-3184	93	2	together	together	ADV
ajbmeb-3184	93	3	,	,	PUNCT
ajbmeb-3184	93	4	these	these	DET
ajbmeb-3184	93	5	developments	development	NOUN
ajbmeb-3184	93	6	indicate	indicate	VERB
ajbmeb-3184	93	7	a	a	DET
ajbmeb-3184	93	8	gradual	gradual	ADJ
ajbmeb-3184	93	9	shift	shift	NOUN
ajbmeb-3184	93	10	toward	toward	ADP
ajbmeb-3184	93	11	a	a	DET
ajbmeb-3184	93	12	more	more	ADV
ajbmeb-3184	93	13	competitive	competitive	ADJ
ajbmeb-3184	93	14	,	,	PUNCT
ajbmeb-3184	93	15	resilient	resilient	ADJ
ajbmeb-3184	93	16	,	,	PUNCT
ajbmeb-3184	93	17	and	and	CCONJ
ajbmeb-3184	93	18	innovation	innovation	NOUN
ajbmeb-3184	93	19	-	-	PUNCT
ajbmeb-3184	93	20	driven	drive	VERB
ajbmeb-3184	93	21	banking	banking	NOUN
ajbmeb-3184	93	22	sector	sector	NOUN
ajbmeb-3184	93	23	in	in	ADP
ajbmeb-3184	93	24	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	93	25	,	,	PUNCT
ajbmeb-3184	93	26	where	where	SCONJ
ajbmeb-3184	93	27	active	active	ADJ
ajbmeb-3184	93	28	operations	operation	NOUN
ajbmeb-3184	93	29	will	will	AUX
ajbmeb-3184	93	30	continue	continue	VERB
ajbmeb-3184	93	31	to	to	PART
ajbmeb-3184	93	32	play	play	VERB
ajbmeb-3184	93	33	a	a	DET
ajbmeb-3184	93	34	central	central	ADJ
ajbmeb-3184	93	35	role	role	NOUN
ajbmeb-3184	93	36	in	in	ADP
ajbmeb-3184	93	37	sustaining	sustain	VERB
ajbmeb-3184	93	38	economic	economic	ADJ
ajbmeb-3184	93	39	growth	growth	NOUN
ajbmeb-3184	93	40	.	.	PUNCT
ajbmeb-3184	94	1	table	table	NOUN
ajbmeb-3184	94	2	2	2	NUM
ajbmeb-3184	94	3	below	below	ADP
ajbmeb-3184	94	4	presents	present	VERB
ajbmeb-3184	94	5	information	information	NOUN
ajbmeb-3184	94	6	on	on	ADP
ajbmeb-3184	94	7	the	the	DET
ajbmeb-3184	94	8	active	active	ADJ
ajbmeb-3184	94	9	operations	operation	NOUN
ajbmeb-3184	94	10	of	of	ADP
ajbmeb-3184	94	11	the	the	DET
ajbmeb-3184	94	12	national	national	PROPN
ajbmeb-3184	94	13	bank	bank	PROPN
ajbmeb-3184	94	14	of	of	ADP
ajbmeb-3184	94	15	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	94	16	.	.	PUNCT
ajbmeb-3184	95	1	american	american	PROPN
ajbmeb-3184	95	2	journal	journal	PROPN
ajbmeb-3184	95	3	of	of	ADP
ajbmeb-3184	95	4	business	business	NOUN
ajbmeb-3184	95	5	management	management	NOUN
ajbmeb-3184	95	6	,	,	PUNCT
ajbmeb-3184	95	7	economics	economic	NOUN
ajbmeb-3184	95	8	and	and	CCONJ
ajbmeb-3184	95	9	banking	banking	NOUN
ajbmeb-3184	95	10	volume	volume	NOUN
ajbmeb-3184	95	11	43	43	NUM
ajbmeb-3184	96	1	december2025	december2025	PROPN
ajbmeb-3184	96	2	p	p	PROPN
ajbmeb-3184	96	3	a	a	DET
ajbmeb-3184	96	4	g	g	NOUN
ajbmeb-3184	96	5	e	e	NOUN
ajbmeb-3184	96	6	|	|	ADV
ajbmeb-3184	96	7	6	6	NUM
ajbmeb-3184	96	8	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	96	9	table	table	NOUN
ajbmeb-3184	96	10	2	2	NUM
ajbmeb-3184	96	11	active	active	ADJ
ajbmeb-3184	96	12	operations	operation	NOUN
ajbmeb-3184	96	13	of	of	ADP
ajbmeb-3184	96	14	the	the	DET
ajbmeb-3184	96	15	national	national	PROPN
ajbmeb-3184	96	16	bank	bank	PROPN
ajbmeb-3184	96	17	of	of	ADP
ajbmeb-3184	96	18	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	96	19	(	(	PUNCT
ajbmeb-3184	96	20	billion	billion	NUM
ajbmeb-3184	96	21	soums	soum	NOUN
ajbmeb-3184	96	22	)	)	PUNCT
ajbmeb-3184	97	1	[	[	X
ajbmeb-3184	97	2	10	10	NUM
ajbmeb-3184	97	3	]	]	SYM
ajbmeb-3184	97	4	indicators	indicator	NOUN
ajbmeb-3184	97	5	2024	2024	NUM
ajbmeb-3184	97	6	2023	2023	NUM
ajbmeb-3184	97	7	2022	2022	NUM
ajbmeb-3184	97	8	2021	2021	NUM
ajbmeb-3184	97	9	2020	2020	NUM
ajbmeb-3184	97	10	cash	cash	NOUN
ajbmeb-3184	97	11	and	and	CCONJ
ajbmeb-3184	97	12	cash	cash	NOUN
ajbmeb-3184	97	13	equivalents	equivalent	NOUN
ajbmeb-3184	97	14	18,422.74	18,422.74	NUM
ajbmeb-3184	98	1	14,377.48	14,377.48	NUM
ajbmeb-3184	98	2	24,446.00	24,446.00	NUM
ajbmeb-3184	98	3	10,185.40	10,185.40	NUM
ajbmeb-3184	98	4	9,379.00	9,379.00	NUM
ajbmeb-3184	98	5	amounts	amount	NOUN
ajbmeb-3184	98	6	owed	owe	VERB
ajbmeb-3184	98	7	by	by	ADP
ajbmeb-3184	98	8	credit	credit	NOUN
ajbmeb-3184	98	9	institutions	institution	NOUN
ajbmeb-3184	98	10	3,565.13	3,565.13	NUM
ajbmeb-3184	98	11	6,943.79	6,943.79	NUM
ajbmeb-3184	98	12	65,287.00	65,287.00	NUM
ajbmeb-3184	98	13	2,681.00	2,681.00	NUM
ajbmeb-3184	98	14	1,851.30	1,851.30	NUM
ajbmeb-3184	98	15	derivative	derivative	ADJ
ajbmeb-3184	98	16	financial	financial	ADJ
ajbmeb-3184	98	17	assets	asset	NOUN
ajbmeb-3184	98	18	259.39	259.39	NUM
ajbmeb-3184	98	19	179.04	179.04	NUM
ajbmeb-3184	98	20	92.40	92.40	NUM
ajbmeb-3184	98	21	–	–	PUNCT
ajbmeb-3184	98	22	119.20	119.20	NUM
ajbmeb-3184	98	23	loans	loan	NOUN
ajbmeb-3184	98	24	to	to	ADP
ajbmeb-3184	98	25	customers	customer	NOUN
ajbmeb-3184	98	26	102,570.84	102,570.84	PROPN
ajbmeb-3184	98	27	94,783.23	94,783.23	NUM
ajbmeb-3184	98	28	86,475.70	86,475.70	NUM
ajbmeb-3184	98	29	72,089.70	72,089.70	ADJ
ajbmeb-3184	99	1	63,475.70	63,475.70	NUM
ajbmeb-3184	99	2	invested	invest	VERB
ajbmeb-3184	99	3	securities	security	NOUN
ajbmeb-3184	99	4	7,441.67	7,441.67	NUM
ajbmeb-3184	100	1	7,140.85	7,140.85	NUM
ajbmeb-3184	100	2	1,746.80	1,746.80	NUM
ajbmeb-3184	100	3	1,112.90	1,112.90	NUM
ajbmeb-3184	100	4	537.50	537.50	NUM
ajbmeb-3184	100	5	investments	investment	NOUN
ajbmeb-3184	100	6	in	in	ADP
ajbmeb-3184	100	7	joint	joint	ADJ
ajbmeb-3184	100	8	ventures	venture	NOUN
ajbmeb-3184	100	9	268.67	268.67	NUM
ajbmeb-3184	100	10	211.50	211.50	NUM
ajbmeb-3184	100	11	229.40	229.40	NUM
ajbmeb-3184	100	12	345.60	345.60	NUM
ajbmeb-3184	100	13	409.70	409.70	NUM
ajbmeb-3184	100	14	assets	asset	NOUN
ajbmeb-3184	100	15	classified	classify	VERB
ajbmeb-3184	100	16	as	as	SCONJ
ajbmeb-3184	100	17	held	hold	VERB
ajbmeb-3184	100	18	for	for	ADP
ajbmeb-3184	100	19	sale	sale	NOUN
ajbmeb-3184	100	20	438.53	438.53	NUM
ajbmeb-3184	100	21	–	–	PUNCT
ajbmeb-3184	100	22	–	–	PUNCT
ajbmeb-3184	100	23	–	–	PUNCT
ajbmeb-3184	100	24	–	–	PUNCT
ajbmeb-3184	100	25	total	total	ADJ
ajbmeb-3184	100	26	132,966.97	132,966.97	NUM
ajbmeb-3184	100	27	123,635.89	123,635.89	NUM
ajbmeb-3184	100	28	178,277.30	178,277.30	NUM
ajbmeb-3184	100	29	86,414.60	86,414.60	PROPN
ajbmeb-3184	100	30	75,772.40	75,772.40	NOUN
ajbmeb-3184	101	1	the	the	DET
ajbmeb-3184	101	2	data	datum	NOUN
ajbmeb-3184	101	3	demonstrate	demonstrate	VERB
ajbmeb-3184	101	4	that	that	SCONJ
ajbmeb-3184	101	5	loans	loan	NOUN
ajbmeb-3184	101	6	to	to	ADP
ajbmeb-3184	101	7	customers	customer	NOUN
ajbmeb-3184	101	8	remain	remain	VERB
ajbmeb-3184	101	9	the	the	DET
ajbmeb-3184	101	10	dominant	dominant	ADJ
ajbmeb-3184	101	11	component	component	NOUN
ajbmeb-3184	101	12	of	of	ADP
ajbmeb-3184	101	13	national	national	PROPN
ajbmeb-3184	101	14	bank	bank	PROPN
ajbmeb-3184	101	15	of	of	ADP
ajbmeb-3184	101	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	101	17	assets	asset	NOUN
ajbmeb-3184	101	18	throughout	throughout	ADP
ajbmeb-3184	101	19	the	the	DET
ajbmeb-3184	101	20	period	period	NOUN
ajbmeb-3184	101	21	.	.	PUNCT
ajbmeb-3184	102	1	their	their	PRON
ajbmeb-3184	102	2	volume	volume	NOUN
ajbmeb-3184	102	3	consistently	consistently	ADV
ajbmeb-3184	102	4	increased	increase	VERB
ajbmeb-3184	102	5	from	from	ADP
ajbmeb-3184	102	6	63.5	63.5	NUM
ajbmeb-3184	102	7	trillion	trillion	NUM
ajbmeb-3184	102	8	soums	soum	NOUN
ajbmeb-3184	102	9	in	in	ADP
ajbmeb-3184	102	10	2020	2020	NUM
ajbmeb-3184	102	11	to	to	ADP
ajbmeb-3184	102	12	over	over	ADP
ajbmeb-3184	102	13	102.5	102.5	NUM
ajbmeb-3184	102	14	trillion	trillion	NUM
ajbmeb-3184	102	15	soums	soum	NOUN
ajbmeb-3184	102	16	in	in	ADP
ajbmeb-3184	102	17	2024	2024	NUM
ajbmeb-3184	102	18	,	,	PUNCT
ajbmeb-3184	102	19	highlighting	highlight	VERB
ajbmeb-3184	102	20	the	the	DET
ajbmeb-3184	102	21	central	central	ADJ
ajbmeb-3184	102	22	role	role	NOUN
ajbmeb-3184	102	23	of	of	ADP
ajbmeb-3184	102	24	credit	credit	NOUN
ajbmeb-3184	102	25	operations	operation	NOUN
ajbmeb-3184	102	26	in	in	ADP
ajbmeb-3184	102	27	supporting	support	VERB
ajbmeb-3184	102	28	both	both	PRON
ajbmeb-3184	102	29	business	business	NOUN
ajbmeb-3184	102	30	activity	activity	NOUN
ajbmeb-3184	102	31	and	and	CCONJ
ajbmeb-3184	102	32	household	household	NOUN
ajbmeb-3184	102	33	consumption	consumption	NOUN
ajbmeb-3184	102	34	.	.	PUNCT
ajbmeb-3184	103	1	this	this	DET
ajbmeb-3184	103	2	steady	steady	ADJ
ajbmeb-3184	103	3	growth	growth	NOUN
ajbmeb-3184	103	4	reflects	reflect	VERB
ajbmeb-3184	103	5	the	the	DET
ajbmeb-3184	103	6	expanding	expand	VERB
ajbmeb-3184	103	7	demand	demand	NOUN
ajbmeb-3184	103	8	for	for	ADP
ajbmeb-3184	103	9	financing	financing	NOUN
ajbmeb-3184	103	10	in	in	ADP
ajbmeb-3184	103	11	the	the	DET
ajbmeb-3184	103	12	real	real	ADJ
ajbmeb-3184	103	13	sector	sector	NOUN
ajbmeb-3184	103	14	of	of	ADP
ajbmeb-3184	103	15	the	the	DET
ajbmeb-3184	103	16	economy	economy	NOUN
ajbmeb-3184	103	17	,	,	PUNCT
ajbmeb-3184	103	18	supported	support	VERB
ajbmeb-3184	103	19	by	by	ADP
ajbmeb-3184	103	20	ongoing	ongoing	ADJ
ajbmeb-3184	103	21	economic	economic	ADJ
ajbmeb-3184	103	22	reforms	reform	NOUN
ajbmeb-3184	103	23	and	and	CCONJ
ajbmeb-3184	103	24	government	government	NOUN
ajbmeb-3184	103	25	incentives	incentive	VERB
ajbmeb-3184	103	26	to	to	PART
ajbmeb-3184	103	27	stimulate	stimulate	VERB
ajbmeb-3184	103	28	lending	lending	NOUN
ajbmeb-3184	103	29	.	.	PUNCT
ajbmeb-3184	104	1	in	in	ADP
ajbmeb-3184	104	2	contrast	contrast	NOUN
ajbmeb-3184	104	3	,	,	PUNCT
ajbmeb-3184	104	4	amounts	amount	NOUN
ajbmeb-3184	104	5	owed	owe	VERB
ajbmeb-3184	104	6	by	by	ADP
ajbmeb-3184	104	7	credit	credit	NOUN
ajbmeb-3184	104	8	institutions	institution	NOUN
ajbmeb-3184	104	9	fluctuated	fluctuate	VERB
ajbmeb-3184	104	10	sharply	sharply	ADV
ajbmeb-3184	104	11	,	,	PUNCT
ajbmeb-3184	104	12	peaking	peak	VERB
ajbmeb-3184	104	13	at	at	ADP
ajbmeb-3184	104	14	65.3	65.3	NUM
ajbmeb-3184	104	15	trillion	trillion	NUM
ajbmeb-3184	104	16	soums	soum	NOUN
ajbmeb-3184	104	17	in	in	ADP
ajbmeb-3184	104	18	2022	2022	NUM
ajbmeb-3184	104	19	before	before	ADP
ajbmeb-3184	104	20	falling	fall	VERB
ajbmeb-3184	104	21	dramatically	dramatically	ADV
ajbmeb-3184	104	22	to	to	ADP
ajbmeb-3184	104	23	only	only	ADV
ajbmeb-3184	104	24	3.6	3.6	NUM
ajbmeb-3184	104	25	trillion	trillion	NUM
ajbmeb-3184	104	26	soums	soum	NOUN
ajbmeb-3184	104	27	in	in	ADP
ajbmeb-3184	104	28	2024	2024	NUM
ajbmeb-3184	104	29	.	.	PUNCT
ajbmeb-3184	105	1	this	this	DET
ajbmeb-3184	105	2	volatility	volatility	NOUN
ajbmeb-3184	105	3	may	may	AUX
ajbmeb-3184	105	4	be	be	AUX
ajbmeb-3184	105	5	linked	link	VERB
ajbmeb-3184	105	6	to	to	ADP
ajbmeb-3184	105	7	changes	change	NOUN
ajbmeb-3184	105	8	in	in	ADP
ajbmeb-3184	105	9	interbank	interbank	NOUN
ajbmeb-3184	105	10	relations	relation	NOUN
ajbmeb-3184	105	11	,	,	PUNCT
ajbmeb-3184	105	12	short	short	ADJ
ajbmeb-3184	105	13	-	-	PUNCT
ajbmeb-3184	105	14	term	term	NOUN
ajbmeb-3184	105	15	liquidity	liquidity	NOUN
ajbmeb-3184	105	16	needs	need	NOUN
ajbmeb-3184	105	17	,	,	PUNCT
ajbmeb-3184	105	18	and	and	CCONJ
ajbmeb-3184	105	19	regulatory	regulatory	ADJ
ajbmeb-3184	105	20	adjustments	adjustment	NOUN
ajbmeb-3184	105	21	.	.	PUNCT
ajbmeb-3184	106	1	meanwhile	meanwhile	ADV
ajbmeb-3184	106	2	,	,	PUNCT
ajbmeb-3184	106	3	investments	investment	NOUN
ajbmeb-3184	106	4	in	in	ADP
ajbmeb-3184	106	5	securities	security	NOUN
ajbmeb-3184	106	6	show	show	VERB
ajbmeb-3184	106	7	remarkable	remarkable	ADJ
ajbmeb-3184	106	8	growth	growth	NOUN
ajbmeb-3184	106	9	in	in	ADP
ajbmeb-3184	106	10	recent	recent	ADJ
ajbmeb-3184	106	11	years	year	NOUN
ajbmeb-3184	106	12	,	,	PUNCT
ajbmeb-3184	106	13	rising	rise	VERB
ajbmeb-3184	106	14	from	from	ADP
ajbmeb-3184	106	15	only	only	ADV
ajbmeb-3184	106	16	0.54	0.54	NUM
ajbmeb-3184	106	17	trillion	trillion	NUM
ajbmeb-3184	106	18	soums	soum	NOUN
ajbmeb-3184	106	19	in	in	ADP
ajbmeb-3184	106	20	2020	2020	NUM
ajbmeb-3184	106	21	to	to	ADP
ajbmeb-3184	106	22	7.44	7.44	NUM
ajbmeb-3184	106	23	trillion	trillion	NUM
ajbmeb-3184	106	24	soums	soum	NOUN
ajbmeb-3184	106	25	in	in	ADP
ajbmeb-3184	106	26	2024	2024	NUM
ajbmeb-3184	106	27	.	.	PUNCT
ajbmeb-3184	107	1	this	this	PRON
ajbmeb-3184	107	2	indicates	indicate	VERB
ajbmeb-3184	107	3	a	a	DET
ajbmeb-3184	107	4	diversification	diversification	NOUN
ajbmeb-3184	107	5	trend	trend	NOUN
ajbmeb-3184	107	6	,	,	PUNCT
ajbmeb-3184	107	7	where	where	SCONJ
ajbmeb-3184	107	8	banks	bank	NOUN
ajbmeb-3184	107	9	are	be	AUX
ajbmeb-3184	107	10	increasingly	increasingly	ADV
ajbmeb-3184	107	11	using	use	VERB
ajbmeb-3184	107	12	financial	financial	ADJ
ajbmeb-3184	107	13	markets	market	NOUN
ajbmeb-3184	107	14	as	as	ADP
ajbmeb-3184	107	15	an	an	DET
ajbmeb-3184	107	16	additional	additional	ADJ
ajbmeb-3184	107	17	source	source	NOUN
ajbmeb-3184	107	18	of	of	ADP
ajbmeb-3184	107	19	income	income	NOUN
ajbmeb-3184	107	20	and	and	CCONJ
ajbmeb-3184	107	21	risk	risk	NOUN
ajbmeb-3184	107	22	management	management	NOUN
ajbmeb-3184	107	23	.	.	PUNCT
ajbmeb-3184	108	1	other	other	ADJ
ajbmeb-3184	108	2	categories	category	NOUN
ajbmeb-3184	108	3	,	,	PUNCT
ajbmeb-3184	108	4	such	such	ADJ
ajbmeb-3184	108	5	as	as	ADP
ajbmeb-3184	108	6	cash	cash	NOUN
ajbmeb-3184	108	7	and	and	CCONJ
ajbmeb-3184	108	8	cash	cash	NOUN
ajbmeb-3184	108	9	equivalents	equivalent	NOUN
ajbmeb-3184	108	10	and	and	CCONJ
ajbmeb-3184	108	11	investments	investment	NOUN
ajbmeb-3184	108	12	in	in	ADP
ajbmeb-3184	108	13	joint	joint	ADJ
ajbmeb-3184	108	14	ventures	venture	NOUN
ajbmeb-3184	108	15	,	,	PUNCT
ajbmeb-3184	108	16	remained	remain	VERB
ajbmeb-3184	108	17	relatively	relatively	ADV
ajbmeb-3184	108	18	stable	stable	ADJ
ajbmeb-3184	108	19	but	but	CCONJ
ajbmeb-3184	108	20	with	with	ADP
ajbmeb-3184	108	21	gradual	gradual	ADJ
ajbmeb-3184	108	22	increases	increase	NOUN
ajbmeb-3184	108	23	,	,	PUNCT
ajbmeb-3184	108	24	serving	serve	VERB
ajbmeb-3184	108	25	as	as	ADP
ajbmeb-3184	108	26	liquidity	liquidity	NOUN
ajbmeb-3184	108	27	reserves	reserve	NOUN
ajbmeb-3184	108	28	and	and	CCONJ
ajbmeb-3184	108	29	long	long	ADJ
ajbmeb-3184	108	30	-	-	PUNCT
ajbmeb-3184	108	31	term	term	NOUN
ajbmeb-3184	108	32	equity	equity	NOUN
ajbmeb-3184	108	33	participation	participation	NOUN
ajbmeb-3184	108	34	,	,	PUNCT
ajbmeb-3184	108	35	respectively	respectively	ADV
ajbmeb-3184	108	36	.	.	PUNCT
ajbmeb-3184	109	1	a	a	DET
ajbmeb-3184	109	2	new	new	ADJ
ajbmeb-3184	109	3	category	category	NOUN
ajbmeb-3184	109	4	—	—	PUNCT
ajbmeb-3184	109	5	assets	asset	NOUN
ajbmeb-3184	109	6	classified	classify	VERB
ajbmeb-3184	109	7	as	as	SCONJ
ajbmeb-3184	109	8	held	hold	VERB
ajbmeb-3184	109	9	for	for	ADP
ajbmeb-3184	109	10	sale	sale	NOUN
ajbmeb-3184	109	11	—	—	PUNCT
ajbmeb-3184	109	12	appeared	appear	VERB
ajbmeb-3184	109	13	in	in	ADP
ajbmeb-3184	109	14	2024	2024	NUM
ajbmeb-3184	109	15	,	,	PUNCT
ajbmeb-3184	109	16	suggesting	suggest	VERB
ajbmeb-3184	109	17	that	that	SCONJ
ajbmeb-3184	109	18	banks	bank	NOUN
ajbmeb-3184	109	19	are	be	AUX
ajbmeb-3184	109	20	beginning	begin	VERB
ajbmeb-3184	109	21	to	to	PART
ajbmeb-3184	109	22	optimize	optimize	VERB
ajbmeb-3184	109	23	their	their	PRON
ajbmeb-3184	109	24	balance	balance	NOUN
ajbmeb-3184	109	25	sheets	sheet	NOUN
ajbmeb-3184	109	26	by	by	ADP
ajbmeb-3184	109	27	disposing	dispose	VERB
ajbmeb-3184	109	28	of	of	ADP
ajbmeb-3184	109	29	non	non	ADJ
ajbmeb-3184	109	30	-	-	ADJ
ajbmeb-3184	109	31	core	core	ADJ
ajbmeb-3184	109	32	assets	asset	NOUN
ajbmeb-3184	109	33	.	.	PUNCT
ajbmeb-3184	110	1	overall	overall	ADV
ajbmeb-3184	110	2	,	,	PUNCT
ajbmeb-3184	110	3	the	the	DET
ajbmeb-3184	110	4	structure	structure	NOUN
ajbmeb-3184	110	5	of	of	ADP
ajbmeb-3184	110	6	assets	asset	NOUN
ajbmeb-3184	110	7	shows	show	VERB
ajbmeb-3184	110	8	that	that	SCONJ
ajbmeb-3184	110	9	while	while	SCONJ
ajbmeb-3184	110	10	lending	lending	NOUN
ajbmeb-3184	110	11	continues	continue	VERB
ajbmeb-3184	110	12	to	to	PART
ajbmeb-3184	110	13	dominate	dominate	VERB
ajbmeb-3184	110	14	,	,	PUNCT
ajbmeb-3184	110	15	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	110	16	’s	’s	PART
ajbmeb-3184	110	17	banking	banking	NOUN
ajbmeb-3184	110	18	sector	sector	NOUN
ajbmeb-3184	110	19	is	be	AUX
ajbmeb-3184	110	20	moving	move	VERB
ajbmeb-3184	110	21	toward	toward	ADP
ajbmeb-3184	110	22	more	more	ADV
ajbmeb-3184	110	23	diversified	diversified	ADJ
ajbmeb-3184	110	24	and	and	CCONJ
ajbmeb-3184	110	25	market	market	NOUN
ajbmeb-3184	110	26	-	-	PUNCT
ajbmeb-3184	110	27	oriented	orient	VERB
ajbmeb-3184	110	28	active	active	ADJ
ajbmeb-3184	110	29	operations	operation	NOUN
ajbmeb-3184	110	30	.	.	PUNCT
ajbmeb-3184	111	1	in	in	ADP
ajbmeb-3184	111	2	order	order	NOUN
ajbmeb-3184	111	3	to	to	PART
ajbmeb-3184	111	4	further	far	ADV
ajbmeb-3184	111	5	expand	expand	VERB
ajbmeb-3184	111	6	active	active	ADJ
ajbmeb-3184	111	7	operations	operation	NOUN
ajbmeb-3184	111	8	within	within	ADP
ajbmeb-3184	111	9	commercial	commercial	ADJ
ajbmeb-3184	111	10	banks	bank	NOUN
ajbmeb-3184	111	11	,	,	PUNCT
ajbmeb-3184	111	12	the	the	DET
ajbmeb-3184	111	13	national	national	PROPN
ajbmeb-3184	111	14	bank	bank	PROPN
ajbmeb-3184	111	15	of	of	ADP
ajbmeb-3184	111	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	111	17	has	have	AUX
ajbmeb-3184	111	18	placed	place	VERB
ajbmeb-3184	111	19	particular	particular	ADJ
ajbmeb-3184	111	20	emphasis	emphasis	NOUN
ajbmeb-3184	111	21	on	on	ADP
ajbmeb-3184	111	22	strengthening	strengthen	VERB
ajbmeb-3184	111	23	human	human	ADJ
ajbmeb-3184	111	24	capital	capital	NOUN
ajbmeb-3184	111	25	within	within	ADP
ajbmeb-3184	111	26	its	its	PRON
ajbmeb-3184	111	27	sustainable	sustainable	ADJ
ajbmeb-3184	111	28	development	development	NOUN
ajbmeb-3184	111	29	strategy	strategy	NOUN
ajbmeb-3184	111	30	.	.	PUNCT
ajbmeb-3184	112	1	through	through	ADP
ajbmeb-3184	112	2	the	the	DET
ajbmeb-3184	112	3	establishment	establishment	NOUN
ajbmeb-3184	112	4	of	of	ADP
ajbmeb-3184	112	5	a	a	DET
ajbmeb-3184	112	6	corporate	corporate	ADJ
ajbmeb-3184	112	7	academy	academy	NOUN
ajbmeb-3184	112	8	,	,	PUNCT
ajbmeb-3184	112	9	opportunities	opportunity	NOUN
ajbmeb-3184	112	10	have	have	AUX
ajbmeb-3184	112	11	been	be	AUX
ajbmeb-3184	112	12	created	create	VERB
ajbmeb-3184	112	13	to	to	PART
ajbmeb-3184	112	14	master	master	VERB
ajbmeb-3184	112	15	the	the	DET
ajbmeb-3184	112	16	most	most	ADV
ajbmeb-3184	112	17	advanced	advanced	ADJ
ajbmeb-3184	112	18	knowledge	knowledge	NOUN
ajbmeb-3184	112	19	in	in	ADP
ajbmeb-3184	112	20	the	the	DET
ajbmeb-3184	112	21	banking	banking	NOUN
ajbmeb-3184	112	22	sector	sector	NOUN
ajbmeb-3184	112	23	.	.	PUNCT
ajbmeb-3184	113	1	by	by	ADP
ajbmeb-3184	113	2	engaging	engage	VERB
ajbmeb-3184	113	3	leading	lead	VERB
ajbmeb-3184	113	4	experts	expert	NOUN
ajbmeb-3184	113	5	,	,	PUNCT
ajbmeb-3184	113	6	the	the	DET
ajbmeb-3184	113	7	academy	academy	NOUN
ajbmeb-3184	113	8	ensures	ensure	VERB
ajbmeb-3184	113	9	a	a	DET
ajbmeb-3184	113	10	continuous	continuous	ADJ
ajbmeb-3184	113	11	learning	learning	NOUN
ajbmeb-3184	113	12	process	process	NOUN
ajbmeb-3184	113	13	that	that	PRON
ajbmeb-3184	113	14	equips	equip	VERB
ajbmeb-3184	113	15	bank	bank	NOUN
ajbmeb-3184	113	16	employees	employee	NOUN
ajbmeb-3184	113	17	with	with	ADP
ajbmeb-3184	113	18	competencies	competency	NOUN
ajbmeb-3184	113	19	aligned	align	VERB
ajbmeb-3184	113	20	not	not	PART
ajbmeb-3184	113	21	only	only	ADV
ajbmeb-3184	113	22	with	with	ADP
ajbmeb-3184	113	23	national	national	ADJ
ajbmeb-3184	113	24	requirements	requirement	NOUN
ajbmeb-3184	113	25	but	but	CCONJ
ajbmeb-3184	113	26	also	also	ADV
ajbmeb-3184	113	27	with	with	ADP
ajbmeb-3184	113	28	international	international	ADJ
ajbmeb-3184	113	29	standards	standard	NOUN
ajbmeb-3184	113	30	.	.	PUNCT
ajbmeb-3184	114	1	moreover	moreover	ADV
ajbmeb-3184	114	2	,	,	PUNCT
ajbmeb-3184	114	3	the	the	DET
ajbmeb-3184	114	4	allocation	allocation	NOUN
ajbmeb-3184	114	5	of	of	ADP
ajbmeb-3184	114	6	approximately	approximately	ADV
ajbmeb-3184	114	7	500	500	NUM
ajbmeb-3184	114	8	billion	billion	NUM
ajbmeb-3184	114	9	soums	soum	NOUN
ajbmeb-3184	114	10	annually	annually	ADV
ajbmeb-3184	114	11	in	in	ADP
ajbmeb-3184	114	12	additional	additional	ADJ
ajbmeb-3184	114	13	investments	investment	NOUN
ajbmeb-3184	114	14	in	in	ADP
ajbmeb-3184	114	15	human	human	ADJ
ajbmeb-3184	114	16	resources	resource	NOUN
ajbmeb-3184	114	17	highlights	highlight	NOUN
ajbmeb-3184	114	18	that	that	PRON
ajbmeb-3184	114	19	personnel	personnel	NOUN
ajbmeb-3184	114	20	development	development	NOUN
ajbmeb-3184	114	21	is	be	AUX
ajbmeb-3184	114	22	not	not	PART
ajbmeb-3184	114	23	merely	merely	ADV
ajbmeb-3184	114	24	an	an	DET
ajbmeb-3184	114	25	operational	operational	ADJ
ajbmeb-3184	114	26	need	need	NOUN
ajbmeb-3184	114	27	but	but	CCONJ
ajbmeb-3184	114	28	a	a	DET
ajbmeb-3184	114	29	strategic	strategic	ADJ
ajbmeb-3184	114	30	priority	priority	NOUN
ajbmeb-3184	114	31	.	.	PUNCT
ajbmeb-3184	115	1	this	this	DET
ajbmeb-3184	115	2	investment	investment	NOUN
ajbmeb-3184	115	3	approach	approach	NOUN
ajbmeb-3184	115	4	positions	position	VERB
ajbmeb-3184	115	5	the	the	DET
ajbmeb-3184	115	6	national	national	PROPN
ajbmeb-3184	115	7	bank	bank	PROPN
ajbmeb-3184	115	8	as	as	ADP
ajbmeb-3184	115	9	a	a	DET
ajbmeb-3184	115	10	competitive	competitive	ADJ
ajbmeb-3184	115	11	and	and	CCONJ
ajbmeb-3184	115	12	innovative	innovative	ADJ
ajbmeb-3184	115	13	financial	financial	ADJ
ajbmeb-3184	115	14	institution	institution	NOUN
ajbmeb-3184	115	15	within	within	ADP
ajbmeb-3184	115	16	the	the	DET
ajbmeb-3184	115	17	domestic	domestic	ADJ
ajbmeb-3184	115	18	market	market	NOUN
ajbmeb-3184	115	19	,	,	PUNCT
ajbmeb-3184	115	20	while	while	SCONJ
ajbmeb-3184	115	21	also	also	ADV
ajbmeb-3184	115	22	reinforcing	reinforce	VERB
ajbmeb-3184	115	23	its	its	PRON
ajbmeb-3184	115	24	ability	ability	NOUN
ajbmeb-3184	115	25	to	to	PART
ajbmeb-3184	115	26	integrate	integrate	VERB
ajbmeb-3184	115	27	into	into	ADP
ajbmeb-3184	115	28	the	the	DET
ajbmeb-3184	115	29	global	global	ADJ
ajbmeb-3184	115	30	financial	financial	ADJ
ajbmeb-3184	115	31	system	system	NOUN
ajbmeb-3184	115	32	.	.	PUNCT
ajbmeb-3184	116	1	at	at	ADP
ajbmeb-3184	116	2	the	the	DET
ajbmeb-3184	116	3	same	same	ADJ
ajbmeb-3184	116	4	time	time	NOUN
ajbmeb-3184	116	5	,	,	PUNCT
ajbmeb-3184	116	6	the	the	DET
ajbmeb-3184	116	7	national	national	PROPN
ajbmeb-3184	116	8	bank	bank	PROPN
ajbmeb-3184	116	9	is	be	AUX
ajbmeb-3184	116	10	striving	strive	VERB
ajbmeb-3184	116	11	to	to	PART
ajbmeb-3184	116	12	improve	improve	VERB
ajbmeb-3184	116	13	service	service	NOUN
ajbmeb-3184	116	14	quality	quality	NOUN
ajbmeb-3184	116	15	by	by	ADP
ajbmeb-3184	116	16	actively	actively	ADV
ajbmeb-3184	116	17	adopting	adopt	VERB
ajbmeb-3184	116	18	technological	technological	ADJ
ajbmeb-3184	116	19	advancement	advancement	NOUN
ajbmeb-3184	116	20	and	and	CCONJ
ajbmeb-3184	116	21	advanced	advanced	ADJ
ajbmeb-3184	116	22	analytical	analytical	ADJ
ajbmeb-3184	116	23	tools	tool	NOUN
ajbmeb-3184	116	24	.	.	PUNCT
ajbmeb-3184	117	1	the	the	DET
ajbmeb-3184	117	2	introduction	introduction	NOUN
ajbmeb-3184	117	3	of	of	ADP
ajbmeb-3184	117	4	mobile	mobile	ADJ
ajbmeb-3184	117	5	and	and	CCONJ
ajbmeb-3184	117	6	web	web	NOUN
ajbmeb-3184	117	7	applications	application	NOUN
ajbmeb-3184	117	8	under	under	ADP
ajbmeb-3184	117	9	the	the	DET
ajbmeb-3184	117	10	“	"	PUNCT
ajbmeb-3184	117	11	milliy	milliy	ADJ
ajbmeb-3184	117	12	3.0	3.0	NUM
ajbmeb-3184	117	13	”	"	PUNCT
ajbmeb-3184	117	14	program	program	NOUN
ajbmeb-3184	117	15	significantly	significantly	ADV
ajbmeb-3184	117	16	broadens	broaden	VERB
ajbmeb-3184	117	17	access	access	NOUN
ajbmeb-3184	117	18	to	to	ADP
ajbmeb-3184	117	19	banking	banking	NOUN
ajbmeb-3184	117	20	services	service	NOUN
ajbmeb-3184	117	21	and	and	CCONJ
ajbmeb-3184	117	22	american	american	ADJ
ajbmeb-3184	117	23	journal	journal	PROPN
ajbmeb-3184	117	24	of	of	ADP
ajbmeb-3184	117	25	business	business	NOUN
ajbmeb-3184	117	26	management	management	NOUN
ajbmeb-3184	117	27	,	,	PUNCT
ajbmeb-3184	117	28	economics	economic	NOUN
ajbmeb-3184	117	29	and	and	CCONJ
ajbmeb-3184	117	30	banking	banking	NOUN
ajbmeb-3184	117	31	volume	volume	NOUN
ajbmeb-3184	118	1	43	43	NUM
ajbmeb-3184	118	2	december2025	december2025	PROPN
ajbmeb-3184	118	3	p	p	PROPN
ajbmeb-3184	118	4	a	a	PRON
ajbmeb-3184	118	5	g	g	NOUN
ajbmeb-3184	118	6	e	e	NOUN
ajbmeb-3184	118	7	|	|	ADV
ajbmeb-3184	118	8	7	7	NUM
ajbmeb-3184	118	9	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-3184	118	10	simplifies	simplifie	NOUN
ajbmeb-3184	118	11	customer	customer	NOUN
ajbmeb-3184	118	12	interactions	interaction	NOUN
ajbmeb-3184	118	13	.	.	PUNCT
ajbmeb-3184	119	1	in	in	ADP
ajbmeb-3184	119	2	parallel	parallel	ADJ
ajbmeb-3184	119	3	,	,	PUNCT
ajbmeb-3184	119	4	enhanced	enhance	VERB
ajbmeb-3184	119	5	risk	risk	NOUN
ajbmeb-3184	119	6	modeling	modeling	NOUN
ajbmeb-3184	119	7	systems	system	NOUN
ajbmeb-3184	119	8	provide	provide	VERB
ajbmeb-3184	119	9	greater	great	ADJ
ajbmeb-3184	119	10	efficiency	efficiency	NOUN
ajbmeb-3184	119	11	in	in	ADP
ajbmeb-3184	119	12	managing	manage	VERB
ajbmeb-3184	119	13	credit	credit	NOUN
ajbmeb-3184	119	14	and	and	CCONJ
ajbmeb-3184	119	15	investment	investment	NOUN
ajbmeb-3184	119	16	operations	operation	NOUN
ajbmeb-3184	119	17	.	.	PUNCT
ajbmeb-3184	120	1	furthermore	furthermore	ADV
ajbmeb-3184	120	2	,	,	PUNCT
ajbmeb-3184	120	3	the	the	DET
ajbmeb-3184	120	4	implementation	implementation	NOUN
ajbmeb-3184	120	5	of	of	ADP
ajbmeb-3184	120	6	modern	modern	ADJ
ajbmeb-3184	120	7	it	it	PRON
ajbmeb-3184	120	8	architectures	architecture	VERB
ajbmeb-3184	120	9	such	such	ADJ
ajbmeb-3184	120	10	as	as	ADP
ajbmeb-3184	120	11	sap	sap	PROPN
ajbmeb-3184	120	12	hana	hana	PROPN
ajbmeb-3184	120	13	,	,	PUNCT
ajbmeb-3184	120	14	crm	crm	PROPN
ajbmeb-3184	120	15	,	,	PUNCT
ajbmeb-3184	120	16	and	and	CCONJ
ajbmeb-3184	120	17	bpm	bpm	NOUN
ajbmeb-3184	120	18	facilitates	facilitate	VERB
ajbmeb-3184	120	19	optimization	optimization	NOUN
ajbmeb-3184	120	20	of	of	ADP
ajbmeb-3184	120	21	internal	internal	ADJ
ajbmeb-3184	120	22	processes	process	NOUN
ajbmeb-3184	120	23	and	and	CCONJ
ajbmeb-3184	120	24	accelerates	accelerate	VERB
ajbmeb-3184	120	25	client	client	NOUN
ajbmeb-3184	120	26	servicing	servicing	NOUN
ajbmeb-3184	120	27	.	.	PUNCT
ajbmeb-3184	121	1	as	as	ADP
ajbmeb-3184	121	2	a	a	DET
ajbmeb-3184	121	3	result	result	NOUN
ajbmeb-3184	121	4	,	,	PUNCT
ajbmeb-3184	121	5	the	the	DET
ajbmeb-3184	121	6	national	national	PROPN
ajbmeb-3184	121	7	bank	bank	PROPN
ajbmeb-3184	121	8	is	be	AUX
ajbmeb-3184	121	9	not	not	PART
ajbmeb-3184	121	10	only	only	ADV
ajbmeb-3184	121	11	consolidating	consolidate	VERB
ajbmeb-3184	121	12	its	its	PRON
ajbmeb-3184	121	13	role	role	NOUN
ajbmeb-3184	121	14	in	in	ADP
ajbmeb-3184	121	15	traditional	traditional	ADJ
ajbmeb-3184	121	16	banking	banking	NOUN
ajbmeb-3184	121	17	services	service	NOUN
ajbmeb-3184	121	18	but	but	CCONJ
ajbmeb-3184	121	19	is	be	AUX
ajbmeb-3184	121	20	also	also	ADV
ajbmeb-3184	121	21	emerging	emerge	VERB
ajbmeb-3184	121	22	as	as	ADP
ajbmeb-3184	121	23	a	a	DET
ajbmeb-3184	121	24	pioneer	pioneer	NOUN
ajbmeb-3184	121	25	in	in	ADP
ajbmeb-3184	121	26	the	the	DET
ajbmeb-3184	121	27	deployment	deployment	NOUN
ajbmeb-3184	121	28	of	of	ADP
ajbmeb-3184	121	29	innovative	innovative	ADJ
ajbmeb-3184	121	30	financial	financial	ADJ
ajbmeb-3184	121	31	solutions	solution	NOUN
ajbmeb-3184	121	32	,	,	PUNCT
ajbmeb-3184	121	33	thereby	thereby	ADV
ajbmeb-3184	121	34	contributing	contribute	VERB
ajbmeb-3184	121	35	to	to	ADP
ajbmeb-3184	121	36	the	the	DET
ajbmeb-3184	121	37	overall	overall	ADJ
ajbmeb-3184	121	38	modernization	modernization	NOUN
ajbmeb-3184	121	39	of	of	ADP
ajbmeb-3184	121	40	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	121	41	’s	’s	PART
ajbmeb-3184	121	42	banking	banking	NOUN
ajbmeb-3184	121	43	sector	sector	NOUN
ajbmeb-3184	121	44	.	.	PUNCT
ajbmeb-3184	122	1	conclusion	conclusion	VERB
ajbmeb-3184	122	2	the	the	DET
ajbmeb-3184	122	3	analysis	analysis	NOUN
ajbmeb-3184	122	4	of	of	ADP
ajbmeb-3184	122	5	commercial	commercial	ADJ
ajbmeb-3184	122	6	banks	bank	NOUN
ajbmeb-3184	122	7	’	’	PART
ajbmeb-3184	122	8	active	active	ADJ
ajbmeb-3184	122	9	operations	operation	NOUN
ajbmeb-3184	122	10	in	in	ADP
ajbmeb-3184	122	11	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	122	12	shows	show	VERB
ajbmeb-3184	122	13	that	that	SCONJ
ajbmeb-3184	122	14	their	their	PRON
ajbmeb-3184	122	15	development	development	NOUN
ajbmeb-3184	122	16	plays	play	VERB
ajbmeb-3184	122	17	a	a	DET
ajbmeb-3184	122	18	decisive	decisive	ADJ
ajbmeb-3184	122	19	role	role	NOUN
ajbmeb-3184	122	20	in	in	ADP
ajbmeb-3184	122	21	ensuring	ensure	VERB
ajbmeb-3184	122	22	financial	financial	ADJ
ajbmeb-3184	122	23	stability	stability	NOUN
ajbmeb-3184	122	24	and	and	CCONJ
ajbmeb-3184	122	25	promoting	promote	VERB
ajbmeb-3184	122	26	sustainable	sustainable	ADJ
ajbmeb-3184	122	27	economic	economic	ADJ
ajbmeb-3184	122	28	growth	growth	NOUN
ajbmeb-3184	122	29	.	.	PUNCT
ajbmeb-3184	123	1	credit	credit	NOUN
ajbmeb-3184	123	2	operations	operation	NOUN
ajbmeb-3184	123	3	remain	remain	VERB
ajbmeb-3184	123	4	the	the	DET
ajbmeb-3184	123	5	backbone	backbone	NOUN
ajbmeb-3184	123	6	of	of	ADP
ajbmeb-3184	123	7	active	active	ADJ
ajbmeb-3184	123	8	operations	operation	NOUN
ajbmeb-3184	123	9	,	,	PUNCT
ajbmeb-3184	123	10	while	while	SCONJ
ajbmeb-3184	123	11	the	the	DET
ajbmeb-3184	123	12	diversification	diversification	NOUN
ajbmeb-3184	123	13	into	into	ADP
ajbmeb-3184	123	14	investments	investment	NOUN
ajbmeb-3184	123	15	,	,	PUNCT
ajbmeb-3184	123	16	interbank	interbank	NOUN
ajbmeb-3184	123	17	placements	placement	NOUN
ajbmeb-3184	123	18	,	,	PUNCT
ajbmeb-3184	123	19	and	and	CCONJ
ajbmeb-3184	123	20	advanced	advanced	ADJ
ajbmeb-3184	123	21	financial	financial	ADJ
ajbmeb-3184	123	22	instruments	instrument	NOUN
ajbmeb-3184	123	23	has	have	AUX
ajbmeb-3184	123	24	increased	increase	VERB
ajbmeb-3184	123	25	in	in	ADP
ajbmeb-3184	123	26	recent	recent	ADJ
ajbmeb-3184	123	27	years	year	NOUN
ajbmeb-3184	123	28	.	.	PUNCT
ajbmeb-3184	124	1	this	this	DET
ajbmeb-3184	124	2	structural	structural	ADJ
ajbmeb-3184	124	3	shift	shift	NOUN
ajbmeb-3184	124	4	demonstrates	demonstrate	VERB
ajbmeb-3184	124	5	not	not	PART
ajbmeb-3184	124	6	only	only	ADV
ajbmeb-3184	124	7	the	the	DET
ajbmeb-3184	124	8	growing	grow	VERB
ajbmeb-3184	124	9	maturity	maturity	NOUN
ajbmeb-3184	124	10	of	of	ADP
ajbmeb-3184	124	11	the	the	DET
ajbmeb-3184	124	12	domestic	domestic	ADJ
ajbmeb-3184	124	13	banking	banking	NOUN
ajbmeb-3184	124	14	system	system	NOUN
ajbmeb-3184	124	15	but	but	CCONJ
ajbmeb-3184	124	16	also	also	ADV
ajbmeb-3184	124	17	the	the	DET
ajbmeb-3184	124	18	rising	rise	VERB
ajbmeb-3184	124	19	demand	demand	NOUN
ajbmeb-3184	124	20	for	for	ADP
ajbmeb-3184	124	21	more	more	ADV
ajbmeb-3184	124	22	sophisticated	sophisticated	ADJ
ajbmeb-3184	124	23	financial	financial	ADJ
ajbmeb-3184	124	24	services	service	NOUN
ajbmeb-3184	124	25	in	in	ADP
ajbmeb-3184	124	26	line	line	NOUN
ajbmeb-3184	124	27	with	with	ADP
ajbmeb-3184	124	28	global	global	ADJ
ajbmeb-3184	124	29	practices	practice	NOUN
ajbmeb-3184	124	30	.	.	PUNCT
ajbmeb-3184	125	1	one	one	NUM
ajbmeb-3184	125	2	of	of	ADP
ajbmeb-3184	125	3	the	the	DET
ajbmeb-3184	125	4	main	main	ADJ
ajbmeb-3184	125	5	drivers	driver	NOUN
ajbmeb-3184	125	6	of	of	ADP
ajbmeb-3184	125	7	progress	progress	NOUN
ajbmeb-3184	125	8	in	in	ADP
ajbmeb-3184	125	9	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	125	10	’s	’s	PART
ajbmeb-3184	125	11	banking	banking	NOUN
ajbmeb-3184	125	12	sector	sector	NOUN
ajbmeb-3184	125	13	is	be	AUX
ajbmeb-3184	125	14	the	the	DET
ajbmeb-3184	125	15	focus	focus	NOUN
ajbmeb-3184	125	16	on	on	ADP
ajbmeb-3184	125	17	human	human	ADJ
ajbmeb-3184	125	18	capital	capital	NOUN
ajbmeb-3184	125	19	development	development	NOUN
ajbmeb-3184	125	20	.	.	PUNCT
ajbmeb-3184	126	1	the	the	DET
ajbmeb-3184	126	2	national	national	PROPN
ajbmeb-3184	126	3	bank	bank	PROPN
ajbmeb-3184	126	4	’s	’s	PART
ajbmeb-3184	126	5	corporate	corporate	PROPN
ajbmeb-3184	126	6	academy	academy	NOUN
ajbmeb-3184	126	7	and	and	CCONJ
ajbmeb-3184	126	8	significant	significant	ADJ
ajbmeb-3184	126	9	investments	investment	NOUN
ajbmeb-3184	126	10	in	in	ADP
ajbmeb-3184	126	11	staff	staff	NOUN
ajbmeb-3184	126	12	training	training	NOUN
ajbmeb-3184	126	13	have	have	AUX
ajbmeb-3184	126	14	improved	improve	VERB
ajbmeb-3184	126	15	operational	operational	ADJ
ajbmeb-3184	126	16	efficiency	efficiency	NOUN
ajbmeb-3184	126	17	by	by	ADP
ajbmeb-3184	126	18	aligning	align	VERB
ajbmeb-3184	126	19	employee	employee	NOUN
ajbmeb-3184	126	20	skills	skill	NOUN
ajbmeb-3184	126	21	with	with	ADP
ajbmeb-3184	126	22	both	both	CCONJ
ajbmeb-3184	126	23	national	national	ADJ
ajbmeb-3184	126	24	and	and	CCONJ
ajbmeb-3184	126	25	international	international	ADJ
ajbmeb-3184	126	26	standards	standard	NOUN
ajbmeb-3184	126	27	.	.	PUNCT
ajbmeb-3184	127	1	this	this	DET
ajbmeb-3184	127	2	highlights	highlight	VERB
ajbmeb-3184	127	3	the	the	DET
ajbmeb-3184	127	4	strong	strong	ADJ
ajbmeb-3184	127	5	link	link	NOUN
ajbmeb-3184	127	6	between	between	ADP
ajbmeb-3184	127	7	knowledge	knowledge	NOUN
ajbmeb-3184	127	8	,	,	PUNCT
ajbmeb-3184	127	9	innovation	innovation	NOUN
ajbmeb-3184	127	10	,	,	PUNCT
ajbmeb-3184	127	11	and	and	CCONJ
ajbmeb-3184	127	12	banking	banking	NOUN
ajbmeb-3184	127	13	performance	performance	NOUN
ajbmeb-3184	127	14	.	.	PUNCT
ajbmeb-3184	128	1	at	at	ADP
ajbmeb-3184	128	2	the	the	DET
ajbmeb-3184	128	3	same	same	ADJ
ajbmeb-3184	128	4	time	time	NOUN
ajbmeb-3184	128	5	,	,	PUNCT
ajbmeb-3184	128	6	the	the	DET
ajbmeb-3184	128	7	integration	integration	NOUN
ajbmeb-3184	128	8	of	of	ADP
ajbmeb-3184	128	9	modern	modern	ADJ
ajbmeb-3184	128	10	technologies	technology	NOUN
ajbmeb-3184	128	11	—	—	PUNCT
ajbmeb-3184	128	12	including	include	VERB
ajbmeb-3184	128	13	digital	digital	ADJ
ajbmeb-3184	128	14	platforms	platform	NOUN
ajbmeb-3184	128	15	like	like	ADP
ajbmeb-3184	128	16	“	"	PUNCT
ajbmeb-3184	128	17	milliy	milliy	ADJ
ajbmeb-3184	128	18	3.0	3.0	NUM
ajbmeb-3184	128	19	,	,	PUNCT
ajbmeb-3184	128	20	”	"	PUNCT
ajbmeb-3184	128	21	advanced	advance	VERB
ajbmeb-3184	128	22	it	it	PRON
ajbmeb-3184	128	23	systems	system	NOUN
ajbmeb-3184	128	24	,	,	PUNCT
ajbmeb-3184	128	25	and	and	CCONJ
ajbmeb-3184	128	26	risk	risk	NOUN
ajbmeb-3184	128	27	assessment	assessment	NOUN
ajbmeb-3184	128	28	models	model	NOUN
ajbmeb-3184	128	29	—	—	PUNCT
ajbmeb-3184	128	30	has	have	AUX
ajbmeb-3184	128	31	accelerated	accelerate	VERB
ajbmeb-3184	128	32	the	the	DET
ajbmeb-3184	128	33	transition	transition	NOUN
ajbmeb-3184	128	34	to	to	ADP
ajbmeb-3184	128	35	digital	digital	ADJ
ajbmeb-3184	128	36	banking	banking	NOUN
ajbmeb-3184	128	37	.	.	PUNCT
ajbmeb-3184	129	1	these	these	DET
ajbmeb-3184	129	2	tools	tool	NOUN
ajbmeb-3184	129	3	expand	expand	VERB
ajbmeb-3184	129	4	customer	customer	NOUN
ajbmeb-3184	129	5	access	access	NOUN
ajbmeb-3184	129	6	,	,	PUNCT
ajbmeb-3184	129	7	improve	improve	VERB
ajbmeb-3184	129	8	service	service	NOUN
ajbmeb-3184	129	9	quality	quality	NOUN
ajbmeb-3184	129	10	,	,	PUNCT
ajbmeb-3184	129	11	and	and	CCONJ
ajbmeb-3184	129	12	reduce	reduce	VERB
ajbmeb-3184	129	13	systemic	systemic	ADJ
ajbmeb-3184	129	14	risks	risk	NOUN
ajbmeb-3184	129	15	,	,	PUNCT
ajbmeb-3184	129	16	allowing	allow	VERB
ajbmeb-3184	129	17	banks	bank	NOUN
ajbmeb-3184	129	18	to	to	PART
ajbmeb-3184	129	19	combine	combine	VERB
ajbmeb-3184	129	20	traditional	traditional	ADJ
ajbmeb-3184	129	21	lending	lending	NOUN
ajbmeb-3184	129	22	functions	function	NOUN
ajbmeb-3184	129	23	with	with	ADP
ajbmeb-3184	129	24	innovative	innovative	ADJ
ajbmeb-3184	129	25	solutions	solution	NOUN
ajbmeb-3184	129	26	to	to	PART
ajbmeb-3184	129	27	remain	remain	VERB
ajbmeb-3184	129	28	competitive	competitive	ADJ
ajbmeb-3184	129	29	.	.	PUNCT
ajbmeb-3184	130	1	in	in	ADP
ajbmeb-3184	130	2	conclusion	conclusion	NOUN
ajbmeb-3184	130	3	,	,	PUNCT
ajbmeb-3184	130	4	the	the	DET
ajbmeb-3184	130	5	trajectory	trajectory	NOUN
ajbmeb-3184	130	6	of	of	ADP
ajbmeb-3184	130	7	active	active	ADJ
ajbmeb-3184	130	8	operations	operation	NOUN
ajbmeb-3184	130	9	in	in	ADP
ajbmeb-3184	130	10	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	130	11	’s	’s	PART
ajbmeb-3184	130	12	commercial	commercial	ADJ
ajbmeb-3184	130	13	banks	bank	NOUN
ajbmeb-3184	130	14	suggests	suggest	VERB
ajbmeb-3184	130	15	a	a	DET
ajbmeb-3184	130	16	sustainable	sustainable	ADJ
ajbmeb-3184	130	17	and	and	CCONJ
ajbmeb-3184	130	18	innovation	innovation	NOUN
ajbmeb-3184	130	19	-	-	PUNCT
ajbmeb-3184	130	20	driven	drive	VERB
ajbmeb-3184	130	21	growth	growth	NOUN
ajbmeb-3184	130	22	model	model	NOUN
ajbmeb-3184	130	23	.	.	PUNCT
ajbmeb-3184	131	1	the	the	DET
ajbmeb-3184	131	2	combination	combination	NOUN
ajbmeb-3184	131	3	of	of	ADP
ajbmeb-3184	131	4	human	human	ADJ
ajbmeb-3184	131	5	capital	capital	NOUN
ajbmeb-3184	131	6	investment	investment	NOUN
ajbmeb-3184	131	7	,	,	PUNCT
ajbmeb-3184	131	8	digital	digital	ADJ
ajbmeb-3184	131	9	transformation	transformation	NOUN
ajbmeb-3184	131	10	,	,	PUNCT
ajbmeb-3184	131	11	and	and	CCONJ
ajbmeb-3184	131	12	diversification	diversification	NOUN
ajbmeb-3184	131	13	of	of	ADP
ajbmeb-3184	131	14	asset	asset	NOUN
ajbmeb-3184	131	15	structures	structure	NOUN
ajbmeb-3184	131	16	positions	position	VERB
ajbmeb-3184	131	17	the	the	DET
ajbmeb-3184	131	18	banking	banking	NOUN
ajbmeb-3184	131	19	sector	sector	NOUN
ajbmeb-3184	131	20	as	as	ADP
ajbmeb-3184	131	21	a	a	DET
ajbmeb-3184	131	22	key	key	ADJ
ajbmeb-3184	131	23	driver	driver	NOUN
ajbmeb-3184	131	24	of	of	ADP
ajbmeb-3184	131	25	economic	economic	ADJ
ajbmeb-3184	131	26	modernization	modernization	NOUN
ajbmeb-3184	131	27	.	.	PUNCT
ajbmeb-3184	132	1	if	if	SCONJ
ajbmeb-3184	132	2	sustained	sustain	VERB
ajbmeb-3184	132	3	,	,	PUNCT
ajbmeb-3184	132	4	these	these	DET
ajbmeb-3184	132	5	reforms	reform	NOUN
ajbmeb-3184	132	6	will	will	AUX
ajbmeb-3184	132	7	not	not	PART
ajbmeb-3184	132	8	only	only	ADV
ajbmeb-3184	132	9	consolidate	consolidate	VERB
ajbmeb-3184	132	10	domestic	domestic	ADJ
ajbmeb-3184	132	11	financial	financial	ADJ
ajbmeb-3184	132	12	stability	stability	NOUN
ajbmeb-3184	132	13	but	but	CCONJ
ajbmeb-3184	132	14	also	also	ADV
ajbmeb-3184	132	15	enhance	enhance	VERB
ajbmeb-3184	132	16	the	the	DET
ajbmeb-3184	132	17	international	international	ADJ
ajbmeb-3184	132	18	competitiveness	competitiveness	NOUN
ajbmeb-3184	132	19	of	of	ADP
ajbmeb-3184	132	20	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	132	21	’s	’s	PART
ajbmeb-3184	132	22	banking	banking	NOUN
ajbmeb-3184	132	23	institutions	institution	NOUN
ajbmeb-3184	132	24	.	.	PUNCT
ajbmeb-3184	133	1	ultimately	ultimately	ADV
ajbmeb-3184	133	2	,	,	PUNCT
ajbmeb-3184	133	3	the	the	DET
ajbmeb-3184	133	4	case	case	NOUN
ajbmeb-3184	133	5	of	of	ADP
ajbmeb-3184	133	6	the	the	DET
ajbmeb-3184	133	7	national	national	PROPN
ajbmeb-3184	133	8	bank	bank	PROPN
ajbmeb-3184	133	9	demonstrates	demonstrate	VERB
ajbmeb-3184	133	10	that	that	SCONJ
ajbmeb-3184	133	11	a	a	DET
ajbmeb-3184	133	12	forward	forward	ADV
ajbmeb-3184	133	13	-	-	PUNCT
ajbmeb-3184	133	14	looking	look	VERB
ajbmeb-3184	133	15	strategy	strategy	NOUN
ajbmeb-3184	133	16	centered	center	VERB
ajbmeb-3184	133	17	on	on	ADP
ajbmeb-3184	133	18	innovation	innovation	NOUN
ajbmeb-3184	133	19	and	and	CCONJ
ajbmeb-3184	133	20	professionalism	professionalism	NOUN
ajbmeb-3184	133	21	is	be	AUX
ajbmeb-3184	133	22	essential	essential	ADJ
ajbmeb-3184	133	23	for	for	ADP
ajbmeb-3184	133	24	shaping	shape	VERB
ajbmeb-3184	133	25	the	the	DET
ajbmeb-3184	133	26	future	future	NOUN
ajbmeb-3184	133	27	of	of	ADP
ajbmeb-3184	133	28	active	active	ADJ
ajbmeb-3184	133	29	operations	operation	NOUN
ajbmeb-3184	133	30	in	in	ADP
ajbmeb-3184	133	31	the	the	DET
ajbmeb-3184	133	32	country	country	NOUN
ajbmeb-3184	133	33	.	.	PUNCT
ajbmeb-3184	134	1	references	reference	NOUN
ajbmeb-3184	134	2	1	1	NUM
ajbmeb-3184	134	3	.	.	X
ajbmeb-3184	134	4	diamond	diamond	NOUN
ajbmeb-3184	134	5	,	,	PUNCT
ajbmeb-3184	134	6	d.	d.	PROPN
ajbmeb-3184	134	7	w.	w.	PROPN
ajbmeb-3184	134	8	,	,	PUNCT
ajbmeb-3184	134	9	&	&	CCONJ
ajbmeb-3184	134	10	dybvig	dybvig	PROPN
ajbmeb-3184	134	11	,	,	PUNCT
ajbmeb-3184	134	12	p.	p.	NOUN
ajbmeb-3184	134	13	h.	h.	PROPN
ajbmeb-3184	135	1	(	(	PUNCT
ajbmeb-3184	135	2	1983	1983	NUM
ajbmeb-3184	135	3	)	)	PUNCT
ajbmeb-3184	135	4	.	.	PUNCT
ajbmeb-3184	136	1	bank	bank	NOUN
ajbmeb-3184	136	2	runs	run	NOUN
ajbmeb-3184	136	3	,	,	PUNCT
ajbmeb-3184	136	4	deposit	deposit	NOUN
ajbmeb-3184	136	5	insurance	insurance	NOUN
ajbmeb-3184	136	6	,	,	PUNCT
ajbmeb-3184	136	7	and	and	CCONJ
ajbmeb-3184	136	8	liquidity	liquidity	NOUN
ajbmeb-3184	136	9	.	.	PUNCT
ajbmeb-3184	137	1	journal	journal	NOUN
ajbmeb-3184	137	2	of	of	ADP
ajbmeb-3184	137	3	political	political	ADJ
ajbmeb-3184	137	4	economy	economy	NOUN
ajbmeb-3184	137	5	,	,	PUNCT
ajbmeb-3184	137	6	91(3	91(3	NUM
ajbmeb-3184	137	7	)	)	PUNCT
ajbmeb-3184	137	8	,	,	PUNCT
ajbmeb-3184	137	9	401–419	401–419	NUM
ajbmeb-3184	137	10	.	.	PUNCT
ajbmeb-3184	138	1	https://doi.org/10.1086/261155	https://doi.org/10.1086/261155	VERB
ajbmeb-3184	138	2	2	2	NUM
ajbmeb-3184	138	3	.	.	X
ajbmeb-3184	138	4	mishkin	mishkin	PROPN
ajbmeb-3184	138	5	,	,	PUNCT
ajbmeb-3184	138	6	f.	f.	PROPN
ajbmeb-3184	138	7	s.	s.	PROPN
ajbmeb-3184	138	8	(	(	PUNCT
ajbmeb-3184	138	9	2019	2019	NUM
ajbmeb-3184	138	10	)	)	PUNCT
ajbmeb-3184	138	11	.	.	PUNCT
ajbmeb-3184	139	1	the	the	DET
ajbmeb-3184	139	2	economics	economic	NOUN
ajbmeb-3184	139	3	of	of	ADP
ajbmeb-3184	139	4	money	money	NOUN
ajbmeb-3184	139	5	,	,	PUNCT
ajbmeb-3184	139	6	banking	banking	NOUN
ajbmeb-3184	139	7	,	,	PUNCT
ajbmeb-3184	139	8	and	and	CCONJ
ajbmeb-3184	139	9	financial	financial	ADJ
ajbmeb-3184	139	10	markets	market	NOUN
ajbmeb-3184	139	11	(	(	PUNCT
ajbmeb-3184	139	12	12th	12th	NOUN
ajbmeb-3184	139	13	ed	ed	NOUN
ajbmeb-3184	139	14	.	.	PUNCT
ajbmeb-3184	139	15	)	)	PUNCT
ajbmeb-3184	139	16	.	.	PUNCT
ajbmeb-3184	140	1	pearson	pearson	PROPN
ajbmeb-3184	140	2	.	.	PUNCT
ajbmeb-3184	141	1	3	3	X
ajbmeb-3184	141	2	.	.	X
ajbmeb-3184	141	3	khanh	khanh	PROPN
ajbmeb-3184	141	4	,	,	PUNCT
ajbmeb-3184	141	5	h.	h.	PROPN
ajbmeb-3184	141	6	n.	n.	PROPN
ajbmeb-3184	141	7	(	(	PUNCT
ajbmeb-3184	141	8	2024	2024	NUM
ajbmeb-3184	141	9	)	)	PUNCT
ajbmeb-3184	141	10	.	.	PUNCT
ajbmeb-3184	142	1	measuring	measure	VERB
ajbmeb-3184	142	2	bank	bank	NOUN
ajbmeb-3184	142	3	efficiency	efficiency	NOUN
ajbmeb-3184	142	4	:	:	PUNCT
ajbmeb-3184	142	5	evidence	evidence	NOUN
ajbmeb-3184	142	6	from	from	ADP
ajbmeb-3184	142	7	frontier	frontier	NOUN
ajbmeb-3184	142	8	analysis	analysis	NOUN
ajbmeb-3184	142	9	methods	method	NOUN
ajbmeb-3184	142	10	.	.	PUNCT
ajbmeb-3184	143	1	journal	journal	NOUN
ajbmeb-3184	143	2	of	of	ADP
ajbmeb-3184	143	3	banking	banking	NOUN
ajbmeb-3184	143	4	and	and	CCONJ
ajbmeb-3184	143	5	finance	finance	NOUN
ajbmeb-3184	143	6	studies	study	NOUN
ajbmeb-3184	143	7	,	,	PUNCT
ajbmeb-3184	143	8	45(2	45(2	NOUN
ajbmeb-3184	143	9	)	)	PUNCT
ajbmeb-3184	143	10	,	,	PUNCT
ajbmeb-3184	143	11	78–95	78–95	NUM
ajbmeb-3184	143	12	.	.	PUNCT
ajbmeb-3184	144	1	4	4	NUM
ajbmeb-3184	144	2	.	.	X
ajbmeb-3184	144	3	berger	berger	PROPN
ajbmeb-3184	144	4	,	,	PUNCT
ajbmeb-3184	144	5	a.	a.	PROPN
ajbmeb-3184	144	6	n.	n.	PROPN
ajbmeb-3184	144	7	,	,	PUNCT
ajbmeb-3184	144	8	&	&	CCONJ
ajbmeb-3184	144	9	udell	udell	PROPN
ajbmeb-3184	144	10	,	,	PUNCT
ajbmeb-3184	144	11	g.	g.	PROPN
ajbmeb-3184	144	12	f.	f.	PROPN
ajbmeb-3184	144	13	(	(	PUNCT
ajbmeb-3184	144	14	2004	2004	NUM
ajbmeb-3184	144	15	)	)	PUNCT
ajbmeb-3184	144	16	.	.	PUNCT
ajbmeb-3184	145	1	the	the	DET
ajbmeb-3184	145	2	institutional	institutional	ADJ
ajbmeb-3184	145	3	memory	memory	NOUN
ajbmeb-3184	145	4	hypothesis	hypothesis	NOUN
ajbmeb-3184	145	5	and	and	CCONJ
ajbmeb-3184	145	6	the	the	DET
ajbmeb-3184	145	7	procyclicality	procyclicality	NOUN
ajbmeb-3184	145	8	of	of	ADP
ajbmeb-3184	145	9	bank	bank	NOUN
ajbmeb-3184	145	10	lending	lending	NOUN
ajbmeb-3184	145	11	behavior	behavior	NOUN
ajbmeb-3184	145	12	.	.	PUNCT
ajbmeb-3184	146	1	journal	journal	PROPN
ajbmeb-3184	146	2	of	of	ADP
ajbmeb-3184	146	3	financial	financial	ADJ
ajbmeb-3184	146	4	intermediation	intermediation	NOUN
ajbmeb-3184	146	5	,	,	PUNCT
ajbmeb-3184	146	6	13(4	13(4	NUM
ajbmeb-3184	146	7	)	)	PUNCT
ajbmeb-3184	146	8	,	,	PUNCT
ajbmeb-3184	146	9	458–495	458–495	NUM
ajbmeb-3184	146	10	.	.	PUNCT
ajbmeb-3184	147	1	https://doi.org/10.1016/j.jfi.2004.06.001	https://doi.org/10.1016/j.jfi.2004.06.001	PROPN
ajbmeb-3184	147	2	5	5	NUM
ajbmeb-3184	147	3	.	.	PUNCT
ajbmeb-3184	147	4	yusupov	yusupov	PROPN
ajbmeb-3184	147	5	,	,	PUNCT
ajbmeb-3184	147	6	b.	b.	PROPN
ajbmeb-3184	147	7	(	(	PUNCT
ajbmeb-3184	147	8	2022	2022	NUM
ajbmeb-3184	147	9	)	)	PUNCT
ajbmeb-3184	147	10	.	.	PUNCT
ajbmeb-3184	148	1	the	the	DET
ajbmeb-3184	148	2	impact	impact	NOUN
ajbmeb-3184	148	3	of	of	ADP
ajbmeb-3184	148	4	commercial	commercial	ADJ
ajbmeb-3184	148	5	banks	bank	NOUN
ajbmeb-3184	148	6	’	’	PART
ajbmeb-3184	148	7	active	active	ADJ
ajbmeb-3184	148	8	operations	operation	NOUN
ajbmeb-3184	148	9	on	on	ADP
ajbmeb-3184	148	10	economic	economic	ADJ
ajbmeb-3184	148	11	growth	growth	NOUN
ajbmeb-3184	148	12	:	:	PUNCT
ajbmeb-3184	148	13	the	the	DET
ajbmeb-3184	148	14	experience	experience	NOUN
ajbmeb-3184	148	15	of	of	ADP
ajbmeb-3184	148	16	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	148	17	.	.	PUNCT
ajbmeb-3184	149	1	economics	economic	NOUN
ajbmeb-3184	149	2	and	and	CCONJ
ajbmeb-3184	149	3	finance	finance	NOUN
ajbmeb-3184	149	4	,	,	PUNCT
ajbmeb-3184	149	5	3(2	3(2	NUM
ajbmeb-3184	149	6	)	)	PUNCT
ajbmeb-3184	149	7	,	,	PUNCT
ajbmeb-3184	149	8	55–67	55–67	NUM
ajbmeb-3184	149	9	.	.	PUNCT
ajbmeb-3184	150	1	american	american	PROPN
ajbmeb-3184	150	2	journal	journal	PROPN
ajbmeb-3184	150	3	of	of	ADP
ajbmeb-3184	150	4	business	business	NOUN
ajbmeb-3184	150	5	management	management	NOUN
ajbmeb-3184	150	6	,	,	PUNCT
ajbmeb-3184	150	7	economics	economic	NOUN
ajbmeb-3184	150	8	and	and	CCONJ
ajbmeb-3184	150	9	banking	banking	NOUN
ajbmeb-3184	150	10	volume	volume	NOUN
ajbmeb-3184	150	11	43	43	NUM
ajbmeb-3184	151	1	december2025	december2025	PROPN
ajbmeb-3184	151	2	p	p	PROPN
ajbmeb-3184	151	3	a	a	DET
ajbmeb-3184	151	4	g	g	NOUN
ajbmeb-3184	151	5	e	e	NOUN
ajbmeb-3184	151	6	|	|	ADV
ajbmeb-3184	151	7	8	8	NUM
ajbmeb-3184	151	8	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-3184	151	9	6	6	NUM
ajbmeb-3184	151	10	.	.	PUNCT
ajbmeb-3184	152	1	qodirov	qodirov	PROPN
ajbmeb-3184	152	2	,	,	PUNCT
ajbmeb-3184	152	3	a.	a.	NOUN
ajbmeb-3184	152	4	(	(	PUNCT
ajbmeb-3184	152	5	2021	2021	NUM
ajbmeb-3184	152	6	)	)	PUNCT
ajbmeb-3184	152	7	.	.	PUNCT
ajbmeb-3184	153	1	active	active	ADJ
ajbmeb-3184	153	2	operations	operation	NOUN
ajbmeb-3184	153	3	of	of	ADP
ajbmeb-3184	153	4	commercial	commercial	ADJ
ajbmeb-3184	153	5	banks	bank	NOUN
ajbmeb-3184	153	6	in	in	ADP
ajbmeb-3184	153	7	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	153	8	:	:	PUNCT
ajbmeb-3184	153	9	analysis	analysis	NOUN
ajbmeb-3184	153	10	and	and	CCONJ
ajbmeb-3184	153	11	prospects	prospect	NOUN
ajbmeb-3184	153	12	.	.	PUNCT
ajbmeb-3184	154	1	journal	journal	NOUN
ajbmeb-3184	154	2	of	of	ADP
ajbmeb-3184	154	3	financial	financial	ADJ
ajbmeb-3184	154	4	research	research	NOUN
ajbmeb-3184	154	5	,	,	PUNCT
ajbmeb-3184	154	6	2(1	2(1	NUM
ajbmeb-3184	154	7	)	)	PUNCT
ajbmeb-3184	154	8	,	,	PUNCT
ajbmeb-3184	154	9	33–45	33–45	NUM
ajbmeb-3184	154	10	.	.	PUNCT
ajbmeb-3184	154	11	7	7	NUM
ajbmeb-3184	154	12	.	.	X
ajbmeb-3184	155	1	laeven	laeven	ADJ
ajbmeb-3184	155	2	,	,	PUNCT
ajbmeb-3184	155	3	l.	l.	PROPN
ajbmeb-3184	155	4	,	,	PUNCT
ajbmeb-3184	155	5	&	&	CCONJ
ajbmeb-3184	155	6	levine	levine	PROPN
ajbmeb-3184	155	7	,	,	PUNCT
ajbmeb-3184	155	8	r.	r.	PROPN
ajbmeb-3184	155	9	(	(	PUNCT
ajbmeb-3184	155	10	2009	2009	NUM
ajbmeb-3184	155	11	)	)	PUNCT
ajbmeb-3184	155	12	.	.	PUNCT
ajbmeb-3184	156	1	bank	bank	NOUN
ajbmeb-3184	156	2	governance	governance	NOUN
ajbmeb-3184	156	3	,	,	PUNCT
ajbmeb-3184	156	4	regulation	regulation	NOUN
ajbmeb-3184	156	5	and	and	CCONJ
ajbmeb-3184	156	6	risk	risk	NOUN
ajbmeb-3184	156	7	taking	taking	NOUN
ajbmeb-3184	156	8	.	.	PUNCT
ajbmeb-3184	157	1	journal	journal	PROPN
ajbmeb-3184	157	2	of	of	ADP
ajbmeb-3184	157	3	financial	financial	ADJ
ajbmeb-3184	157	4	economics	economic	NOUN
ajbmeb-3184	157	5	,	,	PUNCT
ajbmeb-3184	157	6	93(2	93(2	NOUN
ajbmeb-3184	157	7	)	)	PUNCT
ajbmeb-3184	157	8	,	,	PUNCT
ajbmeb-3184	157	9	259–275	259–275	NUM
ajbmeb-3184	157	10	.	.	PUNCT
ajbmeb-3184	158	1	https://doi.org/10.1016/j.jfineco.2008.09.003	https://doi.org/10.1016/j.jfineco.2008.09.003	ADJ
ajbmeb-3184	158	2	8	8	NUM
ajbmeb-3184	158	3	.	.	PUNCT
ajbmeb-3184	158	4	тавасиев	тавасиев	PROPN
ajbmeb-3184	158	5	,	,	PUNCT
ajbmeb-3184	158	6	а.в	а.в	PROPN
ajbmeb-3184	158	7	.	.	PROPN
ajbmeb-3184	159	1	банковское	банковское	AUX
ajbmeb-3184	159	2	дело	дело	PROPN
ajbmeb-3184	160	1	[	[	X
ajbmeb-3184	160	2	текст	текст	NOUN
ajbmeb-3184	160	3	]	]	X
ajbmeb-3184	160	4	:	:	PUNCT
ajbmeb-3184	160	5	управление	управление	PROPN
ajbmeb-3184	160	6	и	и	PROPN
ajbmeb-3184	160	7	технологии	технологии	PROPN
ajbmeb-3184	160	8	:	:	PUNCT
ajbmeb-3184	160	9	учеб	учеб	PROPN
ajbmeb-3184	160	10	.	.	PUNCT
ajbmeb-3184	161	1	пособие	пособие	PROPN
ajbmeb-3184	161	2	/	/	SYM
ajbmeb-3184	161	3	а.в	а.в	PROPN
ajbmeb-3184	161	4	.	.	PROPN
ajbmeb-3184	161	5	тавасиев	тавасиев	PROPN
ajbmeb-3184	161	6	.	.	PUNCT
ajbmeb-3184	162	1	м	м	X
ajbmeb-3184	162	2	.	.	PUNCT
ajbmeb-3184	162	3	:	:	PUNCT
ajbmeb-3184	162	4	финансы	финансы	VERB
ajbmeb-3184	162	5	и	и	PROPN
ajbmeb-3184	162	6	статистика	статистика	ADJ
ajbmeb-3184	162	7	,	,	PUNCT
ajbmeb-3184	162	8	2009	2009	NUM
ajbmeb-3184	162	9	.	.	PUNCT
ajbmeb-3184	163	1	460	460	NUM
ajbmeb-3184	163	2	с	с	NOUN
ajbmeb-3184	163	3	.	.	PROPN
ajbmeb-3184	163	4	9	9	X
ajbmeb-3184	163	5	.	.	X
ajbmeb-3184	164	1	banking	banking	NOUN
ajbmeb-3184	164	2	:	:	PUNCT
ajbmeb-3184	164	3	a	a	DET
ajbmeb-3184	164	4	textbook	textbook	NOUN
ajbmeb-3184	164	5	/	/	SYM
ajbmeb-3184	164	6	i.	i.	PROPN
ajbmeb-3184	164	7	r.	r.	PROPN
ajbmeb-3184	164	8	toymukhamedov	toymukhamedov	PROPN
ajbmeb-3184	164	9	.	.	PUNCT
ajbmeb-3184	164	10	—	—	PUNCT
ajbmeb-3184	165	1	tashkent	tashkent	NOUN
ajbmeb-3184	165	2	:	:	PUNCT
ajbmeb-3184	165	3	publishing	publish	VERB
ajbmeb-3184	165	4	house	house	NOUN
ajbmeb-3184	165	5	of	of	ADP
ajbmeb-3184	165	6	the	the	DET
ajbmeb-3184	165	7	literature	literature	NOUN
ajbmeb-3184	165	8	fund	fund	NOUN
ajbmeb-3184	165	9	of	of	ADP
ajbmeb-3184	165	10	the	the	DET
ajbmeb-3184	165	11	writers	writer	NOUN
ajbmeb-3184	165	12	’	'	PUNCT
ajbmeb-3184	165	13	union	union	NOUN
ajbmeb-3184	165	14	of	of	ADP
ajbmeb-3184	165	15	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	165	16	,	,	PUNCT
ajbmeb-3184	165	17	2005	2005	NUM
ajbmeb-3184	165	18	.	.	PUNCT
ajbmeb-3184	166	1	—	—	PUNCT
ajbmeb-3184	166	2	144	144	NUM
ajbmeb-3184	166	3	p.	p.	NOUN
ajbmeb-3184	166	4	10	10	NUM
ajbmeb-3184	166	5	.	.	PUNCT
ajbmeb-3184	167	1	www.cbu.uz	www.cbu.uz	ADJ
ajbmeb-3184	167	2	–	–	PUNCT
ajbmeb-3184	167	3	official	official	ADJ
ajbmeb-3184	167	4	website	website	NOUN
ajbmeb-3184	167	5	of	of	ADP
ajbmeb-3184	167	6	the	the	DET
ajbmeb-3184	167	7	central	central	ADJ
ajbmeb-3184	167	8	bank	bank	PROPN
ajbmeb-3184	167	9	of	of	ADP
ajbmeb-3184	167	10	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	167	11	.	.	PUNCT
ajbmeb-3184	168	1	11	11	NUM
ajbmeb-3184	168	2	.	.	X
ajbmeb-3184	168	3	www.nbu.uz	www.nbu.uz	ADJ
ajbmeb-3184	168	4	–	–	PUNCT
ajbmeb-3184	168	5	official	official	ADJ
ajbmeb-3184	168	6	website	website	NOUN
ajbmeb-3184	168	7	of	of	ADP
ajbmeb-3184	168	8	the	the	DET
ajbmeb-3184	168	9	national	national	PROPN
ajbmeb-3184	168	10	bank	bank	PROPN
ajbmeb-3184	168	11	of	of	ADP
ajbmeb-3184	168	12	uzbekistan	uzbekistan	PROPN
ajbmeb-3184	168	13	.	.	PUNCT
ajbmeb-3184	169	1	https://doi.org/10.1016/j.jfineco.2008.09.003	https://doi.org/10.1016/j.jfineco.2008.09.003	ADJ
ajbmeb-3184	169	2	http://www.cbu.uz/	http://www.cbu.uz/	ADP
ajbmeb-3184	169	3	http://www.nbu.uz/	http://www.nbu.uz/	NOUN