IMF-乌兹别克斯坦共和国：金融部门评估计划——对遵守巴塞尔有效银行监管核心原则的详细评估（英）

© 2025 International Monetary Fund IMF Country Report No. 25/227 REPUBLIC OF UZBEKISTAN FINANCIAL SECTOR ASSESSMENT PROGRAM DETAILED ASSESSMENT OF OBSERVANCE—BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION This paper on Uzbekistan was prepared by a staff team of the International Monetary Fund in the context of an IMF Financial Sector Assessment Program (FSAP). It is based on the information available at the time it was completed in July 2025. Copies of this report are available to the public from International Monetary Fund • Publication Services PO Box 92780 • Washington, D.C. 20090 Telephone: (202) 623-7430 • Fax: (202) 623-7201 E-mail: publications@imf.org Web: http://www.imf.org International Monetary Fund Washington, D.C. August 2025 REPUBLIC OF UZBEKISTAN FINANCIAL SECTOR ASSESSMENT PROGRAM DETAILED ASSESSMENT OF OBSERVANCE BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION Prepared By Monetary and Capital Markets Department, IMF, and Finance, Competitiveness and Investment Global Practice, World Bank This report was prepared in the context of a joint IMF-World Bank Financial Sector Assessment Program (FSAP) mission in Uzbekistan during November 2024, led by Mr. Vassili Prokopenko, IMF and Ms. Gunhild Berg, World Bank, and overseen by the Monetary and Capital Markets Department, IMF, and the Finance, Competitiveness and Investment Global Practice, World Bank. Further information on the FSAP program can be found at http://www.imf.org/external/np/fsap/fssa.aspx, and www.worldbank.org/fsap. INTERNATIONAL MONETARY FUND THE WORLD BANK July 17, 2025 REPUBLIC OF UZBEKISTAN 2 Glossary __________________________________________________________________________________________ 4 List of Regulations ________________________________________________________________________________ 6 EXECUTIVE SUMMARY __________________________________________________________________________ 7 INTRODUCTION AND METHODOLOGY _______________________________________________________ 11 A. Introduction ____________________________________________________________________________________11 B. Information and Methodology Used for Assessment _________________________________________ 11 INSTITUTIONAL AND MARKET STRUCTURE—OVERVIEW ___________________________________ 13 A. Institutional Structure _________________________________________________________________________ 13 B. Overview of the Banking Sector _______________________________________________________________ 14 PRECONDITIONS FOR EFFECTIVE BANKING SUPERVISION __________________________________ 15 A. Sound and Sustainable Macroeconomic Policies ______________________________________________ 15 B. Framework for Financial Stability Policy Formulation __________________________________________ 15 C. A Well-Developed Public Infrastructure _______________________________________________________ 16 D. Framework for Crisis Management, Recovery, and Resolution _____________________