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.