M.K. Takhirov,
Independent researcher of the Tashkent Institute of Finance
Tashkent, Uzbekistan
Abstract. Asset classification and reserve organization play a significant role in the credit risk management system, banking supervision, and creating conditions for the development of market discipline. The publication of a series of documents summarizing the best international practice on this issue by the Basel Committee on Banking Supervision over the last few years is an expression of this. At the same time, there is no single answer recognized by the international community to a number of questions in this field. As a result, each country solves the issues related to the classification of assets and the organization of reserves based mainly on its own perceptions of the nature of events. The nature of the approaches is based on the established regulatory system, methodological ideas and preferences of the regulator, accounting features, banking, civil and tax legislation, etc. In the article, the foreign experience of setting up a reserve for problematic assets of banks and its use in the practice of the banking system of our country is scientifically justified.
Keywords: problem assets, non-performing loans, reserves, general reserves, special reserves, asset classification, credit risk, risk insurance.