Ensuring the Stability of Commercial Banks in the Conditions of Transforming the Banking System
Keywords:
banking system, commercial banking, transformation, credit, problem credit, deposit, financial stability, reserve, capital, interest rate
Abstract
The main goal of transforming the country's banking system is to create the necessary conditions to ensure the stability of the activities of commercial banks. In particular, the development of the infrastructure necessary for the activities of commercial banks, the implementation of a balanced macroeconomic policy, and the reduction of state participation in the banking system are important conditions. The article develops scientific proposals aimed at ensuring the stability of the activities of commercial banks in the context of the transformation of the banking system of Uzbekistan.
References
[1] Decree of the President of the Republic of Uzbekistan, ‘On the Strategy for Reforming the Banking System of the Republic of Uzbekistan for 2020-2025’. 2020.
[2] S. K. Qobulova, ‘The process of transformation of the banking system and its impact on the stability of banks’, Web Sci. Int. Sci. Res. J., vol. 6, no. 2, pp. 41–45, 2025.
[3] ‘Annual report of the Central Bank of the Republic of Uzbekistan for the end of 2023’. 2024. [Online]. Available: https://cbu.uz/Yillik-hisobot-2024.pdf
[4] E. Shakirova, ‘Bank Payment Obligation (BPO): a new method of payment and financing of international trade’. 2013. [Online]. Available: http://www.interbankclub.com/LoadedFiles/Shakirova_Elvira-MBO-Prague-2013.pdf
[5] V. D. Dorofeev, ‘Strategic planning of a commercial bank’, News High. Educ. Inst. Volga Reg. Soc. Sci., no. 2(26), p. 168, 2013.
[6] N. N. Kunitsina, Business planning in a commercial bank. Moscow: Finance and statistics, 2007.
[7] J. Heckman, ‘Sample Selection Bias as a Specification Error’, Econometrica, vol. 47, no. 1, pp. 153–161, 1979.
[8] M. R. Goetz, L. Laeven, and R. Levine, ‘Does the Geographic Expansion of Banks Reduce Risk?’, J. Financ. Econ., vol. 120, no. 2, pp. 346–362, 2016, doi: 10.1016/j.jfineco.2016.01.020.
[9] J. Y. Isakov, ‘Securing the steady growth of credit portfolios in commercial banks’, Acad. J. Digit. Econ. Stab., vol. 35, pp. 151–156, 2023.
[10] A. Kh. Islamkulov and N. H. Sharipova, ‘Improving the methodology for assessing the financial stability of banks’, Acad. J. Digit. Econ. Stab., vol. 29, 2023.
[11] Yu. A. Savinov and T. D. Masyukova, ‘Evolution of payment instruments in international trade’, Russ. Foreign Econ. Bull., no. 8, pp. 33–41, 2014.
[12] T. D. Masyukova, P. S. Platonova, and Yu. A. Savinov, ‘Electronic letter of credit and bank payment obligation as an alternative to documentary letter of credit’, Russ. Foreign Econ. Bull., no. 11, pp. 65–75, 2015.
[13] ‘Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks’, J. Financ. Stab., 2025.
[14] K. Jia and X. Liu, ‘Bank digital transformation, bank competitiveness and systemic risk’, Front. Phys., vol. 11, 2024.
[15] ‘Australian Stock Exchange switches to blockchain’. [Online]. Available: https://hightech.fm/blockchain-based-stock-exchange
[2] S. K. Qobulova, ‘The process of transformation of the banking system and its impact on the stability of banks’, Web Sci. Int. Sci. Res. J., vol. 6, no. 2, pp. 41–45, 2025.
[3] ‘Annual report of the Central Bank of the Republic of Uzbekistan for the end of 2023’. 2024. [Online]. Available: https://cbu.uz/Yillik-hisobot-2024.pdf
[4] E. Shakirova, ‘Bank Payment Obligation (BPO): a new method of payment and financing of international trade’. 2013. [Online]. Available: http://www.interbankclub.com/LoadedFiles/Shakirova_Elvira-MBO-Prague-2013.pdf
[5] V. D. Dorofeev, ‘Strategic planning of a commercial bank’, News High. Educ. Inst. Volga Reg. Soc. Sci., no. 2(26), p. 168, 2013.
[6] N. N. Kunitsina, Business planning in a commercial bank. Moscow: Finance and statistics, 2007.
[7] J. Heckman, ‘Sample Selection Bias as a Specification Error’, Econometrica, vol. 47, no. 1, pp. 153–161, 1979.
[8] M. R. Goetz, L. Laeven, and R. Levine, ‘Does the Geographic Expansion of Banks Reduce Risk?’, J. Financ. Econ., vol. 120, no. 2, pp. 346–362, 2016, doi: 10.1016/j.jfineco.2016.01.020.
[9] J. Y. Isakov, ‘Securing the steady growth of credit portfolios in commercial banks’, Acad. J. Digit. Econ. Stab., vol. 35, pp. 151–156, 2023.
[10] A. Kh. Islamkulov and N. H. Sharipova, ‘Improving the methodology for assessing the financial stability of banks’, Acad. J. Digit. Econ. Stab., vol. 29, 2023.
[11] Yu. A. Savinov and T. D. Masyukova, ‘Evolution of payment instruments in international trade’, Russ. Foreign Econ. Bull., no. 8, pp. 33–41, 2014.
[12] T. D. Masyukova, P. S. Platonova, and Yu. A. Savinov, ‘Electronic letter of credit and bank payment obligation as an alternative to documentary letter of credit’, Russ. Foreign Econ. Bull., no. 11, pp. 65–75, 2015.
[13] ‘Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks’, J. Financ. Stab., 2025.
[14] K. Jia and X. Liu, ‘Bank digital transformation, bank competitiveness and systemic risk’, Front. Phys., vol. 11, 2024.
[15] ‘Australian Stock Exchange switches to blockchain’. [Online]. Available: https://hightech.fm/blockchain-based-stock-exchange
Published
2025-06-16
How to Cite
Yuldashev , I. (2025). Ensuring the Stability of Commercial Banks in the Conditions of Transforming the Banking System. Central Asian Journal of Innovations on Tourism Management and Finance, 6(3), 964-970. https://doi.org/10.51699/cajitmf.v6i3.949
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