BANK CAPITAL ADEQUACY: INTERNATIONAL STANDARDS AND UZBEKISTAN’S EXPERIENCE
Keywords:
Bank capital adequacy, Basel Accords, Basel III, financial regulation, Central Bank of Uzbekistan, banking reform, risk-weighted assets, financial stability, emerging markets, Uzbekistan banking sector, capital requirements, banking supervisionAbstract
This article explores the concept of bank capital adequacy within the context of international financial regulation and examines Uzbekistan’s efforts to adopt and implement these standards. Drawing on the Basel Accords—Basel I, II, and III—it outlines the evolution of global capital requirements and the key components that ensure the resilience of banking institutions. The paper also analyzes the legal, institutional, and supervisory measures taken by Uzbekistan to align its banking system with global best practices. It discusses the progress made, challenges encountered, and the broader implications for financial stability and economic development in a transitioning economy. Based on this analysis, the study offers practical recommendations to further strengthen capital adequacy in Uzbekistan through phased implementation, institutional capacity building, and market development.
References
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