Djibouti: Technical Assistance Report-Financial Soundness Indicators Mission

July 17, 2019

Preview Citation

Format: Chicago

Djibouti: Technical Assistance Report-Financial Soundness Indicators Mission, (USA: International Monetary Fund, 2019) accessed November 21, 2024

Also available in: français

Summary

This Technical Assistance Report on Djibouti provides details of IMF mission to aid on the financial soundness indicators (FSI). The mission achieved the said objectives and assisted the Banking Supervision Unit (BSU) officials in the preparation of the FSI production files and the development of the metadata files. The mission held constructive discussions with the Central Bank of Djibouti staff on various other aspects of the production of statistics aimed at improving the quality of the data produced. These discussions led to the preparation of an action plan identifying the main improvements to be pursued or undertaken, with the following priority recommendations. The report also highlights that the microfinance sector is growing in Djibouti; however, access to financing remains very limited. A review of the Call Report forms revealed a number of inconsistencies. The report recommends that the BSU staff participate regularly in the FSI courses organized by the IMF.

Subject: Banking, Capital adequacy requirements, Commercial banks, Economic and financial statistics, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial soundness indicators, Financial statements, Financial statistics, Public financial management (PFM)

Keywords: BSU review, BSU staff, Capital adequacy requirements, CBD agent, CBD cover, CBD regulation, Commercial banks, Concern DTs, Core FSIs, CR, Djibouti, Financial soundness indicators, Financial statements, Financial statistics, FSI Guide, FSI metadata, ISCR

Publication Details

Pages:

14
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2019/234
Stock No:

1DJIEA2019001
ISBN:

9781498326780
ISSN:

1934-7685

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