IMF Staff Country Reports

Albania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems

August 9, 2005

Download PDF More Formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Albania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems", IMF Staff Country Reports 2005, 274 (2005), accessed November 21, 2024, https://0-doi-org.library.svsu.edu/10.5089/9781451800838.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

This paper discusses key finding of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes (ROSC) on the Banking Supervision and Payment Systems in Albania. The assessment reveals that the Albanian financial system is not highly vulnerable to immediate macroeconomic or financial sector shocks. However, accelerating credit growth and increased competition arising from the recent privatization of a dominant (savings) bank may put pressure on the banking system. The financial system is also at an early stage of development.

Subject: Banking, Commercial banks, Credit bureaus, Financial institutions, Financial markets, Foreign exchange, Insurance companies, Loans

Keywords: Asset ratio, Bank, Bank exit, Banking sector, Banks in Albania, Capitalized bank, Central and Eastern Europe, Commercial banks, CR, Credit bureaus, Eastern Europe, Financial system, Insurance companies, ISCR, Loan portfolio, Loans, RB loan growth, Yield curve

Publication Details