ციფრული ტექნოლოგიების როლი საბანკო სექტორის განვითარებაში

One of the main and strong system of the economy is the banking sector, it plays a very important role in the sustainable development of the country's economy. Innovations in digital technologies are a necessary condition for the sustainable development of the banking sector. The paper discusses in detail the importance of digital technology for both the banking sector and population development. The role of innovation in banking is very important, as creating something new gives one bank an advantage over the others. Although banks have been promoting digital capabilities for several years, the pandemic has accelerated this process by one hundred percent and made its pros more visible. For banks, these changes mean the possibility of expanding digital services as well as reducing costs, which is one of the advantages of using digital technologies. The world is advancing day by day in terms of technology development, strong banking sector is the key to stable economic growth of any country. In order to be a leader in this field, commercial banks have to continuously develop the quality of service, as well as the continuous development of staff competence and banking policy, raising the organizational culture, offering improved digital services to customers. As any state strives to maintain a growing pace on the path of innovative economic development, commercial banks at the expense of innovation improve the quality of banking, expand banking products and services, refine delivery methods, improve long-term efficiency and business stability.