The article examines the main features of factoring operations. The success of the factoring practice in the markets of the countries and their level of superiority as a modern service and the widespread use of these operations in the world today are analyzed. In Uzbekistan, factoring operations are mainly used by commercial banks, there are no separate factoring companies despite being allowed by legal documents, there are obstacles to their use by microcredit organizations, it is urgent to implement this practice on a large scale. It has been researched that the use of factoring operations in the Republic of Uzbekistan has a positive effect on the banking system and that it is useful not only for the banking system, but also for the development of small business, especially nowadays .

factoring operations, commercial banks, legal framework, intermediary operations, buyer, factor, seller, indebtedness .

"Strategy for the reform of the banking system of the Republic of Uzbekistan for 2020-2025" approved by the Decree of the President of the Republic of Uzbekistan No. PF-5992 of May 12, 2020

Address of the President of the Republic of Uzbekistan Sh. Mirziyoyev to the Oliy Majlis (2020). "People's Word" No. 19.

Civil Code of the Republic of Uzbekistan, parts I, II. 21.12.1995 of the Republic of Uzbekistan. No. 163-I and 29.08.1996. Approved by Laws No. 256-I. 29.08.1996 of the Oliy Majlis of the Republic of Uzbekistan. According to Resolution No. 257-I dated 01.03.1997. implemented carefully.

Regulation on the procedure for conducting factoring operations by commercial banks in the territory of the Republic of Uzbekistan" of 2000 by the Central Bank of the Republic of Uzbekistan .

Law of the Republic of Uzbekistan, Law No. ORQ-342 of 2012 "On Regulatory and Legal Documents" (new version).

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Murodovich, G. R., & Komolboevich, I. A. (2022). Increasing the Possibility of Management of Loan Portfolio Analysis in Commercial Banks. Academic Journal of Digital Economics and Stability, 17, 30-35.

Murodovich, G. R., & Jahongir, N. (2022). Improving the Loaning Process in Commercial Banks. CENTRAL ASIAN JOURNAL OF ARTS AND DESIGN, 3(5), 10-15.

Murodovich, G. R., & Komolboevich, I. A. (2022). Indonesia Problems of Population Banking of Commercial Banks. Academic Journal of Digital Economics and Stability, 15, 190-196.

Murodovich, G. R., & Saidmurot, M. (2022). FINANCIAL SUPPORT OF THE POPULATION IN COMMERCIAL BANKS THROUGH MORTGAGE CREDITS. World Economics and Finance Bulletin, 9, 173-177.

Murodovich, G. R., & Jahongir, N. (2022). Improving Bank Loan Portfolio Quality Management. Academic Journal of Digital Economics and Stability, 15, 54-60.