Keywords
risk management
credit risk
liquidity risk
interest rate risk
Basel III
financial stability
stress testing
How to Cite
Abstract
This article provides a comprehensive analysis of the current state and development trends of risk management systems in commercial banks operating in the Republic of Uzbekistan based on data from 2021 to 2024. The study evaluates the dynamics of credit, liquidity, interest rate, foreign exchange, and operational risks, as well as their impact on the financial stability of the banking sector and the effectiveness of existing risk management mechanisms. The article draws on official statistical data from the Central Bank, financial stability reports, and international best practices to examine the institutional and practical aspects of risk management. It also proposes practical recommendations within the framework of Basel III standards, including the implementation of integrated risk management systems, expansion of stress testing and scenario analysis, and automation of risk monitoring through digital technologies. These measures are aimed at strengthening the financial resilience of commercial banks and ensuring the long-term sustainable development of the banking sector.
References
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