Namibia : Financial System Stability Assessment, including Report on the Observance of Standards and Codes on Banking Supervision.

This paper discusses key findings of the Financial System Stability Assessment for Namibia, including the Report on the Observance of Standards and Codes on Banking Supervision. The financial system of Namibia appears healthy, well-run, and resilient to plausible macroeconomic shocks. Namibia has on...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Staff Country Reports; Country Report ; No. 2007/083
Online Access:Full text available on IMF
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520 3 |a This paper discusses key findings of the Financial System Stability Assessment for Namibia, including the Report on the Observance of Standards and Codes on Banking Supervision. The financial system of Namibia appears healthy, well-run, and resilient to plausible macroeconomic shocks. Namibia has one of the most sophisticated and highly developed financial systems in Africa. It comprises a diverse range of institutions, which are mostly private. The banking sector is mature, profitable, and well capitalized. The nonbank financial institutions sector is also well developed. 
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