RISK MANAGEMENT PRACTICES AND BANK PERFORMANCE: THE MEDIATING ROLE OF RISK MANAGEMENT IN COMMERCIAL BANKS IN UZBEKISTAN.

Abstract

The stability and performance of banking institutions are critical to national economic development, particularly in emerging economies undergoing financial liberalization. Commercial banks in Uzbekistan operate in an environment characterized by credit risk, market volatility, liquidity constraints, operational weaknesses, and rapidly increasing technological risks driven by digital transformation. While international frameworks such as Basel Accords and COSO Enterprise Risk Management emphasize integrated risk governance, empirical evidence from Central Asia remains limited.