Articles
| Open Access |
https://doi.org/10.37547/ijmef/Volume05Issue12-08
Dynamics Of Asset Quality Indicators In The Banking System Of Uzbekistan
Abstract
This study empirically analyzes the dynamics of asset quality (NPL) in the banking system of Uzbekistan between 2019 and 2024. The analysis reveals that the NPL ratio is linked to economic cycles, credit expansion, and institutional differences between banks (state/private). The study proposes a conceptual model that integrates foreign and local approaches. Recommendations include strengthening macroprudential policy to ensure financial stability.
Keywords
Bank asset quality, non-performing loans (NPL), credit expansion
References
Beck T., Jakubik P. Non-performing loans: What matters in addition to the economic cycle? // European Central Bank Working Paper Series. - 2013. - No. 1515. - P. 1-35.
Louzis D. P., Vouldis A. T., Metaxas V. L. Macroeconomic and bank-specific determinants of non-performing loans in Greece // Journal of Banking & Finance. - 2012. - Vol. 36, No. 4. - P. 1012-1027.
Ghosh A. Banking-sector globalization and credit quality: A panel data analysis of U.S. banks // Journal of International Financial Markets, Institutions and Money. - 2015. - Vol. 36. - P. 60-78.
International Monetary Fund. Financial Soundness Indicators: Compilation Guide. - Washington, DC: IMF, 2019. - 300 p.
World Bank. Global Financial Development Report 2022: Finance for an Equitable Recovery. - Washington, DC: World Bank, 2022. - 240 p.
President of the Republic of Uzbekistan. Collection of publications on reforming the banking and financial system and improving the quality of loans. - Tashkent: Uzbekistan, 2019.
Kulmetov M. R. Quality and financial stability of the loan portfolio in commercial banks // Economics and innovative technologies. - 2020. - No5. - P. 45-52.
Khudoyberdiyev A. Credit Risk Management and Institutional Reforms in the Banking System. - Тошкент: Иқтисодиёт, 2021. - 156 p.
Mirzaev Sh. Credit monitoring and prudential control mechanisms in the banking system of Uzbekistan // Finance and Banking. - 2022. - No2. - P. 28-36.
Central Bank of the Republic of Uzbekistan. Statistical Bulletins on the Activities of Commercial Banks (2019-2024) . - Tashkent: Central Bank of the Republic of Uzbekistan, information from the official website.
Central Bank of the Republic of Uzbekistan. Banking System Stability Review. - Tashkent, 2024.
Basel Committee on Banking Supervision. Principles for the Management of Credit Risk. - Basel: BIS, 2000.
Article Statistics
Copyright License
Copyright (c) 2025 Rasulov Mukhammad Bobur Fazliddin ugli
This work is licensed under a Creative Commons Attribution 4.0 International License.