This technical assistance report on The Bahamas analyses operationalizing the new bank resolution framework and amended deposit insurance legislation-second mission. The Central Bank of the Bahamas (CBOB) has made good progress in implementing recovery plans for the domestic systemically...

This technical assistance report on The Bahamas analyses operationalizing the new bank resolution framework and amended deposit insurance legislation. The Bahamas has made considerable progress in developing the infrastructure needed for an effective bank recovery and resolution regime. The...

This Financial Sector Stability Assessment on Nigeria discusses the macroeconomic performance and structure of the financial system. Although Nigerian economy experienced both domestic and external shocks in recent years, the economy continued to grow rapidly, achieving more than 7 percent...

This paper discusses Paraguay's Technical Assistance report on bank resolution framework and the deposit guarantee fund. The mission identified several areas where the existing deposit guarantee fund and bank resolution framework could be enhanced. The Central Bank of Paraguay should consider...

The staff report summarizes the financial sector issues of Tanzania. It assesses the overall stability and development issues, and provides an overview of the financial system highlighting its soundness and vulnerabilities. It analyzes risk management, regulation and supervision, and the...

This paper reviews Moldova’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, and Banking Supervision. Compliance with the Basel Core Principles and the IMF Code of Good Practices on...

This paper presents a Financial System Stability Assessment Update, including Reports on the Observance of Standards and Codes (ROSC) on the Securities Regulation, Insolvency and Creditor Rights Systems, and Payment Systems in Colombia. Overall, the financial sector appears relatively stable and...

This paper examines Turkey’s Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability and Nonobservance of Performance Criteria. Successful macroeconomic management delivered an impressive economic performance in 2003. However, budget slippages interrupted...