The Central Bank of the Republic of Uzbekistan held a roundtable with risk management specialists from commercial banks on financial stability, presenting its assessment of vulnerabilities and systemic risks and issuing recommendations on how banks should respond. The central bank’s presentation covered macro-financial conditions, asset market developments, and analysis of the financial and non-financial sectors, with a focus on household debt burdens, developments in the microdebt market, and interest rate formation. Discussion centred on macro stress test results for bank solvency and liquidity under baseline and adverse scenarios, alongside an exchange of views on the central bank’s macroprudential policy measures and practical steps to mitigate emerging vulnerabilities in specific areas.
Central Bank of the Republic of Uzbekistan 2025-06-04
Central Bank of the Republic of Uzbekistan reviews macro stress test findings and financial stability vulnerabilities with commercial banks
The Central Bank of the Republic of Uzbekistan held a roundtable with commercial bank risk management specialists to discuss financial stability, assessing vulnerabilities and systemic risks. Topics included macro-financial conditions, household debt, microdebt market developments, and interest rate formation, focusing on macro stress test results for bank solvency and liquidity. Recommendations were issued on macroprudential policy measures and steps to mitigate emerging vulnerabilities.