WAYS TO IMPROVE THE MORTGAGE LENDING PRACTICE IN COMMERCIAL BANKS

Authors

  • Otabek Olimovich Muslimov Senior Lecturer of Tashkent State University of Economics
  • Nuriddin Sayfulloyevich Kayumov Graduate Student of the Academy of Banking and Finance of the Republic of Uzbekistan

Keywords:

Mortgage lending, commercial banking, practice improvement, strategic imperative, digital transformation, risk management, customer engagement, regulatory compliance, operational efficiency, financial inclusion.

Abstract

Mortgage loan is one of the most important tasks of commercial banks, serves as the basis of financial services and helps to buy housing. This article examines the main strategies aimed at improving mortgage lending practices in commercial banks. Based on industry knowledge and best practices, it outlines practical steps to improve operational efficiency, manage risk, customer engagement and compliance. By adopting an integrated approach to mortgage lending, commercial banks can optimize their processes, reduce risks and better meet the changing needs of borrowers and stakeholders.

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Published

2024-07-04

Issue

Vol. 2 No. 7 (2024): EJEFBD

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

WAYS TO IMPROVE THE MORTGAGE LENDING PRACTICE IN COMMERCIAL BANKS. (2024). European Journal of Economics, Finance and Business Development, 2(7), 1-5. https://europeanscience.org/index.php/2/article/view/811