Izbosarov Boburjon Bakhriddinovich
Tashkent Institute of Finance
Associate Professor of “Department of Banking”, PhD Email:[email protected], https://orcid.org/0000-0002-0763-073X
Abstract. In the article, the methodology and legal basis of ensuring the liquidity of commercial banks in the Republic of Uzbekistan, relevant laws, decrees, decisions, regulations and regulatory documents are studied in detail. Research was carried out on the changes of socio-economic processes taking place in international and local banking practices of these legal documents, and conclusions were drawn based on this.
In the context of globalization, the methodology and legal framework of commercial banks’ liquidity provision and the accumulated experience on the regulation of commercial banks’ liquidity were closely studied and a database was compiled. Based on the collected data, methods such as observation and comparison of economic analysis, systematic approach and logical approach were effectively used. Researches and literature of foreign and local scientists on the topic were thoroughly studied. Also, during the scientific research, the Central Bank has absolute authority to ensure and regulate the general liquidity of the country’s banking system, and in the context of globalization, its monetary policy instruments do not provide the opportunity to fulfill this responsibility sufficiently. In particular, in the case of the need for additional liquid funds in commercial banks, it has been determined that the Commercial Bank, which wants the central bank at the basic rate, does not have the ability to obtain a loan, and is currently practically not used in the practice of developed and developing countries of the world, cannot abandon the mandatory reserve. In connection with this situation, a number of proposals were made regarding the provision and regulation of the general liquidity of the Central Bank of the Republic of Uzbekistan. The specifics of the methodological and legal basis for ensuring the liquidity of commercial banks in the context of globalization, the accumulated experience in regulating the liquidity of commercial banks of our country, the current current state of affairs are analyzed, and the analysis of factors affecting the liquidity regulation of commercial banks is carried out. Also, problems related to the regulation of liquidity of commercial banks of the Republic have been identified and scientific proposals and practical recommendations have been developed, which aimed at solving them.
Key words. globalization, commercial banking, Central Bank, liquidity, bank liquidity, asset, liability, deposit, risk, highly liquid assets, mandatory reserve policy, currency, open market operations.