Serbia and Montenegro : Serbia: 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 Payment Systems

1SCGEA2006002 Image
Price:  $15.00

Release Date: © March, 2006
ISBN : 978-1-45183-360-7
Stock #: 1SCGEA2006002
English
Stock Status: On back-order

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Description

This paper discusses key finding of the Assessment Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for Serbia. The assessment reveals that the transformation of Serbia’s financial system is bringing important benefits, but there are emerging signs that the rapid pace of credit growth is beginning to erode financial stability. The main potential threat to financial stability is indirect credit risk arising from the large share of bank lending effectively denominated in foreign exchange.

Taxonomy

Anti-money laundering , Economic policy , Financial system stability assessment , International financial system , Monetary policy




More publications in this series: IMF Staff Country Reports