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

1TTOEA2006001 Image
Price:  $15.00

Release Date: © February, 2006
ISBN : 978-1-45183-764-3
Stock #: 1TTOEA2006001
English
Stock Status: On back-order

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Description

This paper discusses Trinidad and Tobago’s (TTO) Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Banking Supervision, and Payment Systems. TTO’s financial system is relatively large and structurally complex, demonstrating both sophistication and oligopolistic concentration. Although it does not appear to be vulnerable to immediate-term macroeconomic shocks, its risk profile has evolved. Stress tests and the assessment of compliance with Basel Core Principles indicate that the banking system is well capitalized and profitable, but is vulnerable to the potential macroeconomic impact of a sharp fall in energy prices.

Taxonomy

Capital markets , Economic policy , Financial institutions and markets , Financial system stability assessment , International financial system , Pensions , Social policy




More publications in this series: IMF Staff Country Reports