“Ways to reduce risks in bank’s activity by the example of ojsc “aloqabank”

Banking business throughout the world acts as one of the most important sectors of the economy of any developed country. And economic development of Uzbekistan in the banking and financial system plays an invaluable role. Uzbekistan`s banking system as a result of carried out under the leadership of President Islam Karimov of reforms aimed at achieving high international rating indicators and increasing financial stability of banks became the object of attention of leading international financial institutions. As a high-tech, it is most susceptible to changes, both at the macro and micro level. Practice shows that these changes are related to the increasing internationalization of credit institutions and markets, the improvement of banking legislation and modern computer technology, increased competition, the emergence of the financial markets of new banking products and services.