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Saudi Arabia Financial System Stability Assessment: Update

An update on Saudi Arabia’s Financial System Stability Assessment (FSAP) is presented. Saudi Arabia has confronted the global financial crisis from a position of strength, and took decisive steps to manage the impact of the crisis. As a result, the financial system has weathered the crisis relativel...

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Bibliographic Details
Corporate Author: International Monetary Fund Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Staff Country Reports
Subjects:
Interest Rates: Determination, Term Structure, And Effects
Depository Institutions
Commercial Banks
Interest Rates
Economics
General Financial Markets: Government Policy And Regulation
Loans
Energy: Demand And Supply
Prices
Oil Prices
Liquidity
Portfolio Choice
Asset And Liability Management
Finance
Financial Services
Micro Finance Institutions
Macroeconomics
Financial Sector Stability
Financial Services Industry
Yield Curve
Banks
Finance: General
Investment Decisions
Mortgages
Banks And Banking
Banking
Financial Institutions
Industries: Financial Services
Saudi Arabia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:An update on Saudi Arabia’s Financial System Stability Assessment (FSAP) is presented. Saudi Arabia has confronted the global financial crisis from a position of strength, and took decisive steps to manage the impact of the crisis. As a result, the financial system has weathered the crisis relatively well. The authorities have made progress implementing the recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole is well capitalized and appears to be able to withstand severe temporary shocks
Physical Description:41 pages
ISBN:9781475503043

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