Montenegro : Financial Sector Assessment Program-Banking Supervision and Regulation-Technical Note.

This paper discusses the current status of banking supervision and regulation in Montenegro in the context of select Basel Core Principles. It provides a brief overview of the financial system structure, bank system performance, and the framework for financial oversight. Laws, regulations, and super...

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Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund. Monetary and Capital Markets Department
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Staff Country Reports; Country Report ; No. 2016/201
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:This paper discusses the current status of banking supervision and regulation in Montenegro in the context of select Basel Core Principles. It provides a brief overview of the financial system structure, bank system performance, and the framework for financial oversight. Laws, regulations, and supervision have improved significantly since the 2006 Financial Sector Assessment Program to align more closely with Basel and EU requirements. The banking sector dominates the financial system and accounts for about 90 percent of financial system assets, equivalent to about 93 percent of GDP as of June 2015. There are currently 14 banks operating in Montenegro, up from 11 in 2013.
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Disgrifiad Corfforoll:1 online resource (46 pages)
Fformat:Mode of access: Internet
ISSN:1934-7685
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students