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Republic of Belarus Financial System Stability Assessment: Update, including Report on the Observance of Standards and Codes on Banking Supervision

This paper presents an update to the Financial System Stability Assessment (FSAP) on the Republic of Belarus. The paper reveals that the Belarusian financial sector has so far weathered the ongoing turmoil well, reflecting its relatively closed nature and the dominant role of state-owned banks. The...

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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 2009
Series:IMF Staff Country Reports
Subjects:
Financial Crises
Economic & Financial Crises & Disasters
Pension Funds
Banks And Banking
Loans
Institutional Investors
Financial Institutions
Non-bank Financial Institutions
Industries: Financial Services
Micro Finance Institutions
Depository Institutions
Financial Instruments
Bank Deposits
Nonbank Financial Institutions
Finance
Banking
Banks
Financial Institutions And Services: Government Policy And Regulation
Mortgages
Deposit Insurance
Financial Services
Financial Services Industry
Financial Risk Management
Insurance Companies
Crisis Management
Belarus, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper presents an update to the Financial System Stability Assessment (FSAP) on the Republic of Belarus. The paper reveals that the Belarusian financial sector has so far weathered the ongoing turmoil well, reflecting its relatively closed nature and the dominant role of state-owned banks. The regulatory and supervisory framework has improved since the 2004 FSAP. The planned overhaul of government-directed lending mechanisms in the context of the Stand-By Arrangement will help to ensure the long-term viability of the Belarusian banking sector
Physical Description:45 pages
ISBN:9781451805291

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