Republic of Estonia : Financial System Stability Assessment.

This paper presents key findings of the Financial System Stability Assessment of the Republic of Estonia. The Estonian financial sector is highly concentrated and foreign owned. Financial indicators suggest a sound banking sector, and show particular strength in asset quality and earnings. The paper...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2009.
Seria:IMF Staff Country Reports; Country Report ; No. 2009/089
Dostęp online:Full text available on IMF
Opis
Streszczenie:This paper presents key findings of the Financial System Stability Assessment of the Republic of Estonia. The Estonian financial sector is highly concentrated and foreign owned. Financial indicators suggest a sound banking sector, and show particular strength in asset quality and earnings. The paper reveals that the Estonian banking sector has significant vulnerabilities from its real-estate lending. The rapid expansion of the banking sector has been funded, to a large extent, by short-term foreign borrowing from parent banks, making Estonia vulnerable to a disruption in international financial markets.
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Opis fizyczny:1 online resource (42 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students