IMF Wraps Up Mission To Assess Liquidity Risk At Uzbekistan's Central Bank
Date
6/10/2024 9:18:45 AM
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, June 10. The Central Bank
of Uzbekistan (CBU) hosted the final meeting with representatives
of the International Monetary Fund (IMF) mission on liquidity risk
assessment and implementation of liquidity stress testing tools,
Trend reports.
During the meeting, the sides discussed the prospects of
Uzbekistan's economic development, the state of banks' liquidity,
the development of approaches to monitoring bank liquidity, and the
adopted methods of implementation of liquidity stress-testing
tools.
The IMF mission considered training the CBU's employees in
methods of liquidity risk assessment.
Meanwhile, as per the CBU, the volume of highly liquid assets in
Uzbekistan amounted to 95.4 trillion soums ($7.5 billion) as of
April 2024. This indicator shows an 8.1 percent increase
year-on-year (88.2 trillion soums, or $6.9 billion as of April
2023).
MENAFN10062024000187011040ID1108315657
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.