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Original research
PARTNERSHIP BETWEEN BANKS AND MCCS: COMPETITION OR COOPERATION?Pages 17-22
Abstract
This article examines the impact of the partnership between these structures on the financial market, studies key aspects of their cooperation, including the benefits and challenges facing both parties, and substantiates the im-portance of their interaction for the expansion of financial services and the availability of credit. In the modern financial sector, the interaction of banks and microcredit companies (MCCs) is the subject of active discussions. It was revealed that microcredit companies play an important role in financial inclusion, providing loans to small businesses and low-income individuals who often cannot obtain financing from traditional banks. At the same time, banks, having a more stable resource base and developed infrastructure, can use MCCs as partners in the high-risk lending segment. However, there are unresolved issues related to regulation, the level of competition and the sus-tainability of such partnerships in the long term. Based on the analysis, it can be concluded that the interaction between banks and microfinance organiza-tions can be both cooperative and competitive in nature, depending on eco-nomic conditions, legislation and the strategies of the market participants themselves. This article substantiates that the optimal interaction model in-volves a balance between cooperation and competition. It also offers rec-ommendations for the formation of an effective partnership model that pro-motes sustainable development of both structures.
Keywords: credit market, financial market, banks, microcredit companies, cooperation, competition, sustainability.
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Umut Abdyldaeva, 
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