Albania : Financial System Stability Assessment2013 Article IV Consultation and Request for Extended ArrangementFiscal Transparency Assessment
This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the Albanian economy is weak, macroeconomic imbalances are large, and the financial sector faces several risks. Capital-to-asset ratios are sizable, but banks hold large amounts of government bonds that expose banks to sizeable losses in case of a sovereign debt re-pricing and balance sheets have deteriorated as a result of a rapid increase of nonperforming loans (NPLs). The authorities have taken steps to reduce the existing stock of NPLs with technical assistance from the World Bank
Year of publication: |
2014
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Institutions: | International Monetary Fund / European Dept ; International Monetary Fund / European Dept (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Albanien | Albania | Wirtschaftslage | Macroeconomic performance | Finanzsektor | Financial sector | Schuldenmanagement | Debt management |
Saved in:
freely available
Extent: | Online-Ressource (95 p) |
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Series: | IMF staff country report. - Washington, DC : IMF, ZDB-ID 2390613-3. - Vol. Country Report No. 14/79 |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-4843-3879-0 ; 978-1-4843-3879-7 |
Other identifiers: | 10.5089/9781484338797.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014411189
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