Central African Republic: Financial System Stability Assessment
International Monetary Fund
No 2009/154, IMF Staff Country Reports from International Monetary Fund
Abstract:
This paper discusses key findings of the financial system stability assessment (FSSA) on the Central African Republic. The assessment reveals that the liquidity position of the financial sector has improved in recent years. This reflects a more favorable economic environment following the end of hostilities, higher remittance receipts, increased donor financing, and a weak loan demand. The assessment also reveals that although systemic risks presently appear manageable, the banking system exhibits important weaknesses. Significant structural impediments weigh on the capacity of the financial sector to support development.
Keywords: ISCR; CR; cash flow; financing; government cash-flow pressure; liquidity position; banks profit; banks' liquidity position; cash-flow management; commercial bank financing; capital base; Commercial banks; Credit; Financial sector (search for similar items in EconPapers)
Pages: 28
Date: 2009-05-19
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2009/154
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