Bank Risk Management Strategies and Tools from a Developing Country Perspective: Case for Uzbekistan

Abstract

Banking system is still an accumulative force for fueling the economic growth and financial sector development, although the series of harsh conditions are obscuring the advancement by different dangers, risks and long-lasting problems.  Risk scenario for developed and developing economies’ banking systems differs in risk-taking, risk appetite, absorption of loss and risk mitigation. This article examines the risk profiles, origins and management tools from a tailored perspective of international banking system and analyses how banking system structure and condition of Uzbekistan responses to the risks.

Keywords: Bank risk, monetary policy, global financial crisis, developing country, Uzbekistan.