This study analyses the state of development, and prospects of future growth of Turkish non-bank financial institutions, and capital markets. Currently, credit markets in Turkey are dominated by banking, and capital markets are dominated by Government securities. Longstanding macro-economic...

This study assesses key issues and recommendations for development, and reviews the specific changes which are necessary in four areas: structural reforms, market institutions, and infrastructure; accounting, transparency, and disclosure; market infrastructure; and credit enhancements. With only...

Turkey’s demographic and economic transformation has been one of the world’s most dramatic, with urban growth and economic growth proceeding hand in hand. Distinguishing Turkey from many other developing countries has been the pace, scale, and geographical diversity of its spatial and...

The Kazakhstan financial sector remains dominated by domestic commercial banks. The banking sector is largely domestically owned, private, and relatively concentrated, with the largest five banks accounting for 78 percent of total banking assets. The share of foreign banks has increased to about...

This Financial Sector Assessment (FSA) provides a summary of the main findings and recommendations of the joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) update team that visited Macedonia from March 26 to April 8, 2008. The principal objective of...

The EBRD-World Bank Business Environment and Enterprise Performance Survey (BEEPS) is a joint initiative of the European Bank for Reconstruction and Development and the World Bank. The BEEPS has been carried out in three rounds in 1999, 2002, and 2005 and covers virtually all of the countries of...

This Financial Sector Assessment (FSA) is a summary of some of the findings of the Financial Sector Assessment Program (FSAP) report for the Russian Federation, which was prepared jointly by the International Monetary Fund (IMF) and the Bank in close cooperation with the Russian authorities....

This Financial Sector Assessment (FSA) summarizes the Financial Sector Assessment Program (FSAP) report for Croatia. The FSAP mission visited Zagreb during the period September 3-14,200l and discussed its preliminary findings with the representatives of the Croatia National Bank (CNB) and...

A joint International Monetary Fund (IMF)-World Bank mission visited Ljubljana, Slovenia during November 6-20, 2000 as part of the IMF-World Bank Financial Sector Assessment Program (FSAP). The principal objective of the mission was to assist the authorities in identifying potential...

The Financial System Assessment (FSA) is based on the work of the joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) missions to FYR Macedonia in May and June 2003. Development of the FYR Macedonia's financial system shows the marks of the country's...