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Abstract
The practice of insurance of credit facilities of commercial banks is an important means of credit risk management in banking activities. Through insurance, banks can protect their loan portfolio from risks and reduce losses related to customers who face default or other debt situations. Development of diversified insurance products, automation of processes by introduction of technological solutions and use of international experiences are considered important for improvement of insurance practice. These approaches are of great importance in reducing credit risks and making banks more efficient. This is it in the article commerce of banks credit objects insurance to do practice improvement and on prudent credit risk management approaches and international experience analysis will be done
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References
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References
. A. Boye, M. Addo, and K. Michael, "Credit Risk Management in Financial Institutions: A Case Study of Ghana Commercial Bank Limited," Research Journal of Finance and Accounting, vol. 5, no. 2, pp. 123-135, 2014.
. N. Konovalova, I. Kristovska, and M. Kudinska, "Credit Risk Management in Commercial Banks," Polish Journal of Management Studies, vol. 13, no. 2, pp. 109-120, 2016, doi: 10.17512/PJMS.2016.13.2.09.
. M. Kenjaev, "The Role of Credit Risks Management in Commercial Banks," Journal of Economics and Finance, vol. 5, no. 1, pp. 28-34, 2020, doi: 10.33619/2414-2948/55/28.
. A. Karimov and M. Temirkhanova, "Ways of Improving Credit Risk Management in the Activities of Commercial Banks," Open Journal of Economics and Commerce, vol. 3, no. 1, pp. 1-10, 2020, doi: 10.22259/2638-549x.0301003.
. J. Bessis, Risk Management in Banking, 4th ed. Chichester, U.K.: John Wiley & Sons Ltd, 2015, pp. 1-364.
. G. Golinelli and M. Morici, "Credit Risk Management in Banks: The Role of Insurance," Risk and Insurance Journal, vol. 15, no. 1, pp. 102-120, 2021.
. M. Chesney and N. Stoffels, "Insurance and Banking: Reducing Risk Through Collaboration," Journal of Financial Risk Management, vol. 11, no. 3, pp. 45-67, 2020.
. M. Z. Toshtemirovich, "Innovative Approaches of Remote Banking Types Services in the Process of Transformation of Banks to E-Commerce," International Journal of Innovations in Engineering Research and Technology, vol. 1, pp. 1-9, 2021.
. Z. Mamadiyarov and K. Karimov, "Tijorat Banklarida Kredit Riski va Uni Boshqarish Usullari," Strakhovoy Rynok Uzbeksitana, vol. 1, no. 6, pp. 57-60, 2024.
. Z. T. Mamadiyarov, N. I. Sultanova, S. J. R. Khamdamov, and S. B. Makhmudov, "Analyzing the Impact of International Financial Reporting Standards (IFRS) on Microfinance Services," in Development of International Entrepreneurship Based on Corporate Accounting and Reporting According to IFRS, vol. 33, pp. 39-47. Emerald Publishing Limited, 2024.