Former Yugoslav Republic of Macedonia : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics; Banking Supervision, Payment Systems, Monetary and Financial Policy Transparency, and Anti-Money Laundering and Combating the Financing of Terrorism.
The financial system remains vulnerable to weak governance in smaller banks and also to weaknesses in banks' balance sheets. Banking is characterized by high real interest rates, large spreads, and a limited appetite for lending. Stress tests indicate that the banking system is relatively resil...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2003/374 |
| Online Access: | Full text available on IMF |