IMPORTANCE OF NON-INTEREST INCOME IN COMMERCIAL BANKS AND WAYS OF THEIR DEVELOPMENT

This research paper examines the important role of non-interest income in commercial banks and explores various strategies for its development. Non-interest income, which includes fees, commissions and other revenue streams beyond traditional interest-based lending, is increasingly important to maintaining profitability and mitigating risks in modern banking. By diversifying sources of income, banks can increase financial stability, adapt to emerging market dynamics and ensure long-term growth. This article examines the importance of non-interest income, identifies the main drivers of its growth, and suggests practical strategies for improving it in the commercial banking sector.