This article analyzes the impact of Basel 3 standards on the banking system's development post-2008 financial crisis. Focusing on global implications and Azerbaijan's specific context, it discusses Basel 3's role in bolstering banking resilience through enhanced capital requirements, liquidity management, and risk mitigation strategies. Despite benefits like improved stability and confidence in the financial system, the article critiques Basel 3 for potentially overburdening smaller banks and incurring economic costs. It also outlines adoption challenges in Azerbaijan, such as regulatory complexities and resource constraints. The conclusion recommends tailored implementation strategies in Azerbaijan to reconcile global standards with local economic needs, ensuring banking sector strength and overall economic growth.