CHALLENGES AND SOLUTIONS IN LOAN RECOVERY FOR COMMERCIAL BANKS
Ibrokhimov Ilkhomjon
1.PhD in Economics, Kimyo International University in Tashkent, 2.Student of Kimyo International University in Tashkent, Uzbekistan
Abstract
This article explores the difficulties commercial banks face in loan recovery, focusing on the causes of loan defaults and the impacts of non-performing loans (NPLs) on financial stability. It also reviews strategies that banks can adopt to improve recovery processes and minimize financial losses, emphasizing the roles of credit risk management, and technology in addressing these challenges.
Keywords: Loan recovery, non-performing loans, commercial banks, credit risk management, debt collection
Journal Name :
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International Journal of Asian Economic Light (JAEL)
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Published on : 2024-11-29
Vol | : | 12 |
Issue | : | 9 |
Month | : | November |
Year | : | 2024 |