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Senegal Financial System Stability Assessment Update

This Financial System Stability Assessment Update on Senegal reports that the banking sector remains the cornerstone of the financial sector, and risk concentration remains the main source of vulnerability. The largest microfinance institutions (MFI) are sound, but smaller ones are weaker and need t...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Credit
Commercial Banks
Banks
Finance
Banks And Banking
Industries: Financial Services
Monetary Economics
Financial Institutions
Financial Services
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Financial Institutions And Services: Government Policy And Regulation
Mortgages
Money
Financial Services Industry
Bank Credit
Banking
Money And Monetary Policy
Senegal
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Financial System Stability Assessment Update on Senegal reports that the banking sector remains the cornerstone of the financial sector, and risk concentration remains the main source of vulnerability. The largest microfinance institutions (MFI) are sound, but smaller ones are weaker and need to be consolidated and better supervised. Commercial banks and large MFIs provide credit to small- and medium-sized enterprises, but their access to financial services suffers from asymmetries of information and flaws in the judicial system. The development of the regional capital market has not met expectations
Physical Description:24 pages
ISBN:9781451833973

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