United Republic of Tanzania: Financial System Stability Assessment Update

June 23, 2010

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United Republic of Tanzania: Financial System Stability Assessment Update, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

The global recession has had a significant impact on economic performance and the outlook in Tanzania. Tanzanian banks were not directly affected by the global financial crisis, but second-round effects of the crisis have intensified the risks to the financial sector. Domestic liquidity tightened considerably at the onset of the global financial crisis but has since eased, owing to a significant loosening of monetary policy to help mitigate the economic downturn. The policy response of the authorities included a rescue package designed to support sectors affected by the crisis.

Subject: Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Foreign banks, International trade, Money, Stress testing, Trade balance

Keywords: A number of bank, Bank, Banking sector, Capital market, Commercial banks, Community bank, CR, Credit, Credit risk, Deposit liability, Exchange rate, Financial condition, Foreign banks, Global, Insolvent banks CAR, ISCR, Loan, Market, Monetary policy, Money market, Stress testing, Tanzania, Trade balance

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/177
Stock No:

1TZAEA2010002
ISBN:

9781455204199
ISSN:

1934-7685

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