RISK MANAGEMENT METHODS IN THE BANKING SYSTEM
Abstract
In a market economy, the banking system plays an important role in ensuring the financial stability of the country, stimulating economic growth and creating an investment climate. Therefore, the issue of proper risk management in banking activities is more relevant than ever. Risks are uncertainties that can negatively affect the results of banking activities, and they are divided into such types as credit, liquidity, interest, currency, operational and market risks. The reforms implemented in the banking sector of the Republic of Uzbekistan in recent years require improving the effective risk management system. In particular, the introduction by the Central Bank of a banking supervision system in accordance with Basel III international standards and the use of automated risk analysis mechanisms based on digital technologies are a vivid example of this.
References
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