MODERN APPROACHES TO REDUCING LIQUIDITY RISK IN MANAGING BANK PASSIVE OPERATIONS AND HARMONIZATION WITH INTERNATIONAL STANDARDS
DOI:
https://doi.org/10.65451/iqtisodiyotuzb.v11i13.14124Abstract
This article examines modern approaches to reducing liquidity risk in the management of banks’ passive operations and highlights the importance of aligning national practices with Basel III standards. The analysis shows that applying indicators such as LCR and NSFR, diversifying funding sources, and using stress-testing tools significantly strengthen banks’ resilience to external shocks. The study emphasizes the relevance of improving liquidity management methodologies for the banking sector of Uzbekistan amid ongoing financial liberalization.
References
1. Allen, F. Understanding Financial Crises / F. Allen, D. Gale. — Oxford: Oxford University Press, 2007. — 259 p.
2. Diamond, D. W. Bank Runs, Deposit Insurance, and Liquidity / D. W. Diamond, P. H. Dybvig // Journal of Political Economy. — 1983. — Vol. 91, No. 3. — P. 401–419.
3. Basel Committee on Banking Supervision. Basel III: The Liquidity Coverage Ratio and Liquidity Risk Monitoring Tools. — Basel: BIS, 2013. — 68 p.
4. Saunders, A. Financial Institutions Management / A. Saunders, M. Cornett. — New York: McGraw-Hill, 2019. — 816 p.
5. Mishkin, F. S. Ekonomika deneg, bankov i finansovykh rynkov / F. S. Mishkin. — Moskva: Vil’yams, 2016. — 832 s.
6. Ўзбекистон Республикаси Марказий банки. Молиявий барқарорлик ҳисоботлари 2020–2023. — Тошкент: ЎзМБ нашриёти, 2023.
