Chile : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation

1CHLEA0012004 Image
Price:  $15.00

Release Date: © August, 2004
ISBN : 978-1-45180-752-3
Stock #: 1CHLEA0012004
English
Stock Status: On back-order

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Description

This paper highlights key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation for Chile. The assessment reveals the Chilean banking system to be sound, resilient to shocks, and well supervised. Banks are well capitalized, profitable, internationally integrated, and have relatively low nonperforming loans. Stress tests indicate that they would absorb sizable macroeconomic shocks with only a moderate impact on their solvency. Although bank competition remains limited, it has increased significantly in recent years.

Taxonomy

Economic policy , Financial system stability assessment , Fiscal policy , International financial system , Monetary policy , Transparency




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