Innovative modernization of the banking sector of the Republic of Uzbekistan in the conditions of globalization

The article examines the issues of the system of banking innovations in the context of globalization. The interpretation and analysis of the main components of the innovative modernization of the banking sector in the light of the “Strategy for innovative development of the Republic of Uzbekistan for the period 2019-2021” is carried out. An attempt is made to generalize scientific discussions on the systematic study of the innovative activity of commercial banks through a comprehensive study of the features of banking innovations. The urgent tasks of banks in the field of innovative modernization are indicated.