During the hearings, it was noted that the capital adequacy of the banking system made up 23.8% in 2014, which is 3 times higher than the regulatory requirements set by the Basel Committee on Banking Supervision.

The level of current liquidity, which is one of the factors of assessment of the banking system’s sustainability, was 64.62% for several years, which is 2 times higher than the international level of the set minimum. Assets of banks in the reporting year rose by 28.2 percent and reached 56.2 trillion soums.

At the same time, the senators made suggestions and recommendations to further improve the effectiveness of the Central Bank of the Republic of Uzbekistan.

Senators recommended to the Central Bank to continue consistent implementation of measures aimed at improving and further strengthening of the banks’ resource base, diversification of banking services, further encourage the development of small business and private entrepreneurship, as well as the timely funding of projects under the programmes of socio-economic development of regions, the organization of job.

The Senators approved the report of the Central Bank for 2014.