Problems of formation and development of banking segment financial market of Republic of Tajikistan

The article deals with the problems of formation and development of the non-bank segment of the domestic financial market of Tajikistan during the transition period, identified the prerequisites of forming the non-banking segment of the financial market. It analyzes the process of deployment and complexity of its structure, covering the securities market, including its secondary treatment, insurance, leasing, development, as well as other non-financial institutions. The contribution of this segment of the financial market to maintain financial and macroeconomic stability, economic growth dynamics.