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

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2006/439

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Uruguay.

International Monetary Fund.

Finance--Uruguay.

Finance.

Banks and banking--State supervision--Uruguay.

Banks and banking.

Physical Description:

1 online resource (55 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2006.

Language Note:

English

Summary:

Improved liquidity and capital adequacy have increased the Uruguayan banking system’s capacity to withstand shocks. However, macroeconomic and financial risks remain owing to the high level of government debt, guarantees to state banks, high dollarization, and a high share of nonresident deposits. The insurance sector also suffered from the crisis, but the pension system weathered it relatively well. The authorities implemented a stabilization program following the crisis. Capital markets in Uruguay are small and illiquid. The proposed amendments are improving the autonomy and accountability of banks.

Contents:

""Contents""; ""GLOSSARY""; ""EXECUTIVE SUMMARY""; ""I. FINANCIAL STRUCTURE AND MACROECONOMIC ENVIRONMENT""; ""II. MACRO-FINANCIAL STABILITY ANALYSIS""; ""III. STRENGTHS AND CHALLENGES OF THE FINANCIAL SYSTEM""; ""IV. THE FINANCIAL STABILITY POLICY FRAMEWORK""

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF copyright page (ebrary, viewed September 14, 2015).

ISBN:

9786613879417

9781462349272

1462349277

9781452776170

1452776172

9781283566964

1283566966

9781452757803

1452757801