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financial system is still weak. The crisis has set back progress toward a strong, competitive banking system for the future. The … structured corrective action regime and a unified administration regime for all banks, with broad powers for the administrator …
Persistent link: https://www.econbiz.de/10011243565
cooperative banks in Cyprus. Credit risk appears as the main source of risk in the banking sector, with demand for real estate …Various indicators place Cyprus’s banking system soundness ahead of emerging countries but behind advanced economies …-based indicators, and stress tests. Cypriot commercial banks are weaker than their counterparts in Greece and also less stable than …
Persistent link: https://www.econbiz.de/10011245527
A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy,...
Persistent link: https://www.econbiz.de/10005825950
A survey of the financial systems of Caribbean countries reveals systems dominated by banks, with services widely …
Persistent link: https://www.econbiz.de/10005768880
This paper discusses key findings of the financial sector stability assessment for Romania. The assessment reveals that in recent years, Romania’s financial sector regulatory authorities have made significant progress in adopting international best practices, including through...
Persistent link: https://www.econbiz.de/10011245535
The increased presence of foreign banks in a country's domestic banking system necessitates the development of … challenges which foreign banks bring to emerging market banking supervisors are also discussed. The paper also provides surveys … supervision, quality of home-country supervision, memoranda of understanding (MOUs), and "ringfencing" of banks. A number of …
Persistent link: https://www.econbiz.de/10005253006
. Major improvements in compliance with the Basel Core Principles for Effective Banking Supervision and the implementation of …. Significant progress regarding the banking safety net and evaluation of antimoney laundering practices in Mexico are under way …
Persistent link: https://www.econbiz.de/10011242678
Persistent link: https://www.econbiz.de/10005824821
. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction … to reduce interest rates and bail out individual banks in an ad hoc manner had adverse repercussions, both domestically …
Persistent link: https://www.econbiz.de/10008559268
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10005248292