Albania : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems

1ALBEA2005005 Image
Price:  $15.00

Release Date: © August, 2005
ISBN : 978-1-45180-083-8
Stock #: 1ALBEA2005005
English
Stock Status: On back-order

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Description

This paper discusses key finding of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes (ROSC) on the Banking Supervision and Payment Systems in Albania. The assessment reveals that the Albanian financial system is not highly vulnerable to immediate macroeconomic or financial sector shocks. However, accelerating credit growth and increased competition arising from the recent privatization of a dominant (savings) bank may put pressure on the banking system. The financial system is also at an early stage of development.

Taxonomy

Economic policy , Financial system stability assessment , IMF governance and operations , International financial system , Monetary policy , Operations , Standards and Codes




More publications in this series: IMF Staff Country Reports