Assessment Of The Competitive Environment In The Bank Market Of Uzbekistan Through "Bun" Indicator

Abstract

The banking system of Uzbekistan consists of banks with different forms of ownership. The "Bun" indicator used to assess the competitive environment in the banking system. Banks operating in Uzbekistan in 1999-2018 selected for the analysis. According to the analysis, while banks with a state share have more monopoly power, private banks have lower monopoly power. Foreign banks, on the other hand, have the lowest level of monopoly power.