Democratic Republic of the Congo : Technical Assistance Report-Financial Sector Stability Review.

In response to a request from the Central Bank of the Congo (BCC), the Monetary and Capital Markets Department of the International Monetary Fund (IMF) conducted a Financial Sector Stability Review (FSSR) mission virtually, during January 5-28, 2022. The FSSR performed a diagnostic of the financial...

Cur síos iomlán

Sonraí bibleagrafaíochta
Údar corparáideach: International Monetary Fund. Monetary and Capital Markets Department
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2022.
Sraith:IMF Staff Country Reports; Country Report ; No. 2022/285
Ábhair:
Rochtain ar líne:Full text available on IMF
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520 3 |a In response to a request from the Central Bank of the Congo (BCC), the Monetary and Capital Markets Department of the International Monetary Fund (IMF) conducted a Financial Sector Stability Review (FSSR) mission virtually, during January 5-28, 2022. The FSSR performed a diagnostic of the financial system, reviewed progress in implementing previous IMF technical assistance (TA) recommendations, and developed a draft Technical Assistance Roadmap to help strengthen the BCC's capacity in the areas covered by the FSSR. The FSSR also for the first-time covered gender inclusion in financial supervision. It identified five macrofinancial vulnerabilities pertaining to: (i) the quality of the banking system's capital base; (ii) the difficulty in evaluating nonperforming loans following the COVID 19 financial support measures; (iii) risks related to financial dollarization; (iv) the impact on correspondent banking relationships of "de-risking"; and (v) intragroup exposures, as bank subsidiaries in the DRC place surplus funds with parent companies abroad. The BCC's adoption of COVID-19 exit measures in December 2021, including specific reporting requirements, should provide momentum for additional TA in the near term to help the BCC analyze banks' asset quality going forward. 
538 |a Mode of access: Internet 
650 7 |a International Agreements and Observance  |2 imf 
650 7 |a International Organizations  |2 imf 
650 7 |a Monetary Policy  |2 imf 
651 7 |a Congo, Democratic Republic of the  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2022/285 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=285  |z IMF e-Library