RISK MANAGEMENT IN UZBEKISTAN'S COMMERCIAL BANKS

This article explores the importance of risk management in Uzbekistan’s banking sector amid ongoing economic reforms. It addresses key risks such as credit, market, and operational risks that arise from increased credit demand, foreign investments, and digital transformation. The piece highlights the role of Basel III standards in enhancing capital adequacy and liquidity management. It also emphasizes the need for integrated risk monitoring platforms and the use of AI-driven systems to mitigate operational and cybersecurity risks. By adopting global best practices and adapting to local needs, Uzbekistan's banking system can strengthen its resilience and contribute to sustainable economic growth.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-11-30
DOI
https://doi.org/10.5281/zenodo.14292508
Primary Topic
Economic and Industrial Development
Type
article
Field-Weighted Citation Impact
0.00
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article

RISK MANAGEMENT IN UZBEKISTAN'S COMMERCIAL BANKS

Zenodo (CERN European Organization for Nuclear Research)
Economic and Industrial Development
article

RISK MANAGEMENT IN UZBEKISTAN'S COMMERCIAL BANKS

article en

Abstract

This article explores the importance of risk management in Uzbekistan’s banking sector amid ongoing economic reforms. It addresses key risks such as credit, market, and operational risks that arise from increased credit demand, foreign investments, and digital transformation. The piece highlights the role of Basel III standards in enhancing capital adequacy and liquidity management. It also emphasizes the need for integrated risk monitoring platforms and the use of AI-driven systems to mitigate operational and cybersecurity risks. By adopting global best practices and adapting to local needs, Uzbekistan's banking system can strengthen its resilience and contribute to sustainable economic growth.

Zenodo (CERN European Organization for Nuclear Research)
Maine Farmland Trust (US)
Openalex Percentile: Top 50%
Economic and Industrial Development
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