Republic of Estonia : Financial System Stability Assessment

1ESTEA2009003 Image
Price:  $18.00

Release Date: © March, 2009
ISBN : 978-1-45181-256-5
Stock #: 1ESTEA2009003
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
ePubYes
MobipocketYes

Description

This paper presents key findings of the Financial System Stability Assessment of the Republic of Estonia. The Estonian financial sector is highly concentrated and foreign owned. Financial indicators suggest a sound banking sector, and show particular strength in asset quality and earnings. The paper reveals that the Estonian banking sector has significant vulnerabilities from its real-estate lending. The rapid expansion of the banking sector has been funded, to a large extent, by short-term foreign borrowing from parent banks, making Estonia vulnerable to a disruption in international financial markets.

Taxonomy

Financial system stability assessment , International financial system




More publications in this series: IMF Staff Country Reports