Ghana : Financial System Stability Assessment Update.

Since the 2003 Financial Stability Assessment Program (FSAP) update, Ghana's financial system has undergone rapid growth and structural transformation. The authorities have been implementing reforms to enhance the financial system's resilience to shocks and its contribution to growth. The...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Staff Country Reports; Country Report ; No. 2011/131
Online Access:Full text available on IMF
Description
Summary:Since the 2003 Financial Stability Assessment Program (FSAP) update, Ghana's financial system has undergone rapid growth and structural transformation. The authorities have been implementing reforms to enhance the financial system's resilience to shocks and its contribution to growth. The vulnerabilities reflect the interplay of several factors, but state involvement is an important element. The other contributory factors include deficiencies in commercial banks' risk management, supervision, and the insolvency regime. Additional recommendations are detailed in the Report on the Standards and Codes on Compliance (ROSC) with the Basel Core Principles (BCP).
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (54 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students