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This Selected Issues paper reviews the financial sector development in Georgia in recent years, and investigates why it has lagged behind economic development, as well as developments in more advanced transition economies. The paper briefly reviews recent financial sector development in Georgia,...
Persistent link: https://www.econbiz.de/10011242800
emergence of macroeconomic imbalances. The dominance of foreign-owned banks in the banking system constitutes both a source of … strength and risk. Although stress tests indicate that the banking system is reasonably resilient to macroeconomic shocks …
Persistent link: https://www.econbiz.de/10011243521
recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole …
Persistent link: https://www.econbiz.de/10011244277
Since the 2003 Financial Stability Assessment Program (FSAP) update, Ghana’s financial system has undergone rapid growth and structural transformation. The authorities have been implementing reforms to enhance the financial system’s resilience to shocks and its contribution to...
Persistent link: https://www.econbiz.de/10011242864
Stress tests indicate that the main vulnerabilities of the banking sector of San Marino relate to deposit outflows or … mechanism to provide liquidity to banks. The nonbank financial sector in San Marino consists of just over 50 small companies …
Persistent link: https://www.econbiz.de/10011244116
Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation. Major reforms …
Persistent link: https://www.econbiz.de/10005591371
financial system. Financial stability has been effectively supported by prudent fiscal and monetary policies. The banking sector …
Persistent link: https://www.econbiz.de/10005591041
Investment Company (IC) sector. Stress tests indicate that, in contrast to the ICs, the banking system could broadly withstand … significant shocks. The Central Bank of Kuwait's (CBK) well-designed framework for banks has proven effective in shielding the … banking sector from the crisis. It shows that the enactment of the capital market law is an important step toward the creation …
Persistent link: https://www.econbiz.de/10011244313
The Irish financial sector has continued to perform well since its participation in the Financial Sector Assessment Program (FSAP) in 2000. Although the outlook remains very strong for 2006–07, there are some macroeconomic risks that could have implications for the financial system asset...
Persistent link: https://www.econbiz.de/10011242629
of international standards and codes, and the compliance with the Basel Core Principle for Effective Banking. It also … oversight, banking supervision, and deposit insurance supervision. …
Persistent link: https://www.econbiz.de/10005591673