IMF Staff Country Reports

Republic of Tajikistan: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics, Banking Supervision, and Monetary and Financial Policy Transparency

December 11, 2008

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Republic of Tajikistan: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics, Banking Supervision, and Monetary and Financial Policy Transparency, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Also available in: русский

Summary

The Republic of Tajikistan’s Financial System Stability Assessment and reports on the Observance of Standards and Codes are examined. The Tajik financial system is small despite recent rapid growth. Overall, banks remain well capitalized and liquid, but the brisk expansion of their loan portfolios is rapidly eroding capital buffers in a context where governance and supervision of the financial system raise concerns. The governance, regulatory, and supervisory frameworks for the financial sector should be strengthened. The key areas for the banking sector include licensing, remedial actions, and disclosure of significant shareholders and beneficial ownership.

Subject: Banking, Commercial banks, Credit risk, Financial institutions, Financial markets, Financial regulation and supervision, Financial sector, Insurance, Loans, Payment systems

Keywords: Balance sheet, Bank lending, Broad money, Commercial banks, CR, Credit risk, Credit risk, Exchange rate, Financial system, Foreign currency, Global, Insurance, Interest rate, ISCR, Joint stock, Liquidity management, Loans, Monetary policy, NBT bank supervisor, NBT guideline, Negative equity, Payment systems, Tajik bank, Transparency practice

Publication Details

  • Pages:

    58

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/371

  • Stock No:

    1TJKEA2008002

  • ISBN:

    9781451837155

  • ISSN:

    1934-7685

Notes

Also available in Russian