EFFECTIVE RISK MANAGEMENT IN BANK: SAFEGUARDING STABILITY AND ENSURING GROWTH

Authors

  • Zufar Abdullayev Central Bank of the Republic of Uzbekistan Department of prudential control of credit organizations head of the department

DOI:

https://doi.org/10.5281/zenodo.8416110

Keywords:

Risk Management, Banking Sector, Credit Risk, Market Risk, Operational Risk, Liquidity Risk, Reputational Risk, Cybersecurity Threats, Digitalization Risks, Artificial Intelligence, Blockchain Technology, Regulatory Compliance, Global Cooperation, Financial Stability.

Abstract

This article delves into the critical realm of risk management within the banking sector, exploring its multifaceted aspects, challenges, and future trends. It emphasizes the importance of effective risk management strategies in maintaining financial stability, ensuring regulatory compliance, and fostering investor confidence. It concludes by emphasizing the path forward, urging banks to embrace innovation, cultivate a culture of risk awareness, and uphold customer trust through strategic risk management practices.

References

Brown, D. L., & Walter, I. (Eds.). (2019). Risk Management and Corporate Governance in European Banking: The Influence of Basel III. Palgrave Macmillan.

Demirgüç-Kunt, A., & Huizinga, H. (2004). Market Discipline and Deposit Insurance. Journal of Monetary Economics, 51(2), 375-399.

Smith, C. W., & Walter, I. (2012). Global Banking. Oxford University Press.

Akerlof, G. A., & Shiller, R. J. (2015). Phishing for Phools: The Economics of Manipulation and Deception. Princeton University Press.

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Published

2023-10-06

How to Cite

Abdullayev, Z. (2023). EFFECTIVE RISK MANAGEMENT IN BANK: SAFEGUARDING STABILITY AND ENSURING GROWTH. Academic Research in Modern Science, 2(22), 59-61. https://doi.org/10.5281/zenodo.8416110