Republic of Madagascar : Financial System Stability Assessment.

This paper discusses key findings of the Financial System Stability Assessment concerning Madagascar. The analysis reveals that the Madagascar's banking sector is exposed to significant risks, though it has certain buffers, such as high profitability and a stable deposit base. Currently the eco...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. Monetary and Capital Markets Department
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Staff Country Reports; Country Report ; No. 2016/377
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This paper discusses key findings of the Financial System Stability Assessment concerning Madagascar. The analysis reveals that the Madagascar's banking sector is exposed to significant risks, though it has certain buffers, such as high profitability and a stable deposit base. Currently the economy is recovering, and enjoys the prospect of resumption in inflows of foreign aid and investment; inflation is coming down and the balance of payments has strengthened. Banking supervision is not yet able to proactively detect and address emerging risks; doing so will require additional resources and political will. Efforts are also needed to promote financial deepening and inclusion, consistent with the maintenance of stability and consumer protection.
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Beschreibung:1 online resource (48 pages)
Format:Mode of access: Internet
ISSN:1934-7685
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