Russian Federation: Financial System Stability Assessment

September 27, 2011

Preview Citation

Format: Chicago

Russian Federation: Financial System Stability Assessment, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Also available in: русский

Summary

Even though the Russian authorities have maintained financial stability at the time of a major global shock, the financial system is still weak. The crisis has set back progress toward a strong, competitive banking system for the future. The recent unification of the supervision of nonbank financial institutions is an opportunity for strengthened oversight. A more structured corrective action regime and a unified administration regime for all banks, with broad powers for the administrator, would help strengthen the system further.

Subject: Banking, Capital adequacy requirements, Commercial banks, Correspondent banking, Credit, Financial institutions, Financial regulation and supervision, Financial services, Loans, Money

Keywords: Bank, Bank assets, Bank capital, Bank closure, Bank insolvency law, Bank portfolio, Banks Rub, Bridge bank, Capital adequacy requirements, CBR refinancing, CBR., Commercial banks, Correspondent banking, CR, Credit, Credit risk, Eastern Europe, Global, ISCR, Loan, Loans, Non-resident bank, Problem bank, Resolution regime

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/291
Stock No:

1RUSEA2011002
ISBN:

9781463904203
ISSN:

1934-7685

Notes

Also available in Russian.

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