Prudential Bank Solvency Framework and Specific Solvency Stress Test for Transition in Uzbekistan

This paper studies the applicability of globally recognized solvency measures for banking system solvency framework of developing and transition economy of Uzbekistan through theoretical concepts and pure practical evidences from several countries. Besides, it clearly indicates the differences and inherent aspects of banking systems of transition economies that should be on account in solvency stress tests. Theoretical recommendations in this article can be used in bank solvency frameworks or setting minimum requirements in other transition economies with similar banking system characteristics