Efficient and effective performance of banking industry over time is an index of financial stability in any nation. Risk management is a key issue to sustain the financial stability. The presence of different risks in financial industry appeals for effective risk management procedures. As a...

The COVID-19 crisis raises the risk of renewed financial sector pressures in the Caucasus and Central Asia (CCA) region in the period ahead. Bank distress and its economic and fiscal fallout have been recurring features of many CCA countries, as seen after the global financial crisis and the...