Slovak Republic : Financial System Stability Assessment Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Insurance Regulation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/243

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Slovakia.

Monetary policy.

Slovakia--Economic policy.

Slovakia.

Slovakia--Statistics.

Physical Description:

1 online resource (42 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

This paper presents the Slovak Republic’s Financial System Stability Assessment Update including Reports on the Observance of Standards and Codes on Banking Supervision and Insurance Regulation. Commercial banks are by far the dominant financial institutions, though nonbank financial institutions have grown faster than banks in recent years, and the securities markets remain small. Although rapid, the rate of bank credit growth seems appropriate, given the strong outlook for the economy. Stress tests confirm that banks are currently resilient to a range of possible adverse shocks.

Contents:

Cover; Contents; Glossary; Executive Summary; I. Background; A. Summary of the 2002 FSAP Findings; B. Recent Developments in the Financial Sector; II. Sources of Potential Risk to Financial Stability; A. Macroeconomic Environment; Tables; 1. Slovak Republic: Financial System Structure; Figures; 1. Slovak Republic: Selected Financial Sector Indicators; 2. Slovak Republic: Core Financial Soundness Indicators for the Banking Sector; 3. Slovak Republic: Additional Financial Soundness Indicators; B. Major Counterparties of Slovak Financial Institutions

2. Slovak Republic: Lending Activity of BanksIII. Strengths and Vulnerabilities: Institutions and Markets; A. Banks; B. Nonbank Financial Institutions; C. Capital Markets; IV. Strengths and Vulnerabilities: the Financial Stability Policy Framework; A. Regulatory and Supervisory Frameworks; B. NBS's Publications on Financial Stability Analysis; C. Payment System; D. Systemic Liquidity Management and Safety; E. Accounting and Auditing; F. AML/CFT Issues; Annexes; Summary Assessments of Observance of Selected Financial Sector Standards; Appendixes

I. Slovak Republic: Status of the Main Recommendations of the 2002 FSAPII. Stress Tests: Overview of the Shocks and Results

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF copyright page (ebrary, viewed July 1, 2015).

ISBN:

9786613866288

9781455282258

1455282251

9781452706566

1452706565

9781283553834

128355383X

9781452796161

1452796165