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Republic of Mozambique: Financial Sector Assessment program—Financial System Stability Assessment

International Monetary Fund

No 2010/012, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the Financial System Stability Assessment (FSSA) for the Republic of Mozambique. As a result of a comprehensive financial sector reform program largely based on the 2003 Financial Sector Assessment Program recommendations, Mozambique has made significant progress toward developing and strengthening the banking sector, enhancing supervision, and improving central bank operations. However, despite several government initiatives and legal and regulatory reforms, progress in financial deepening and access has been less satisfactory.

Keywords: ISCR; CR; central bank; liquidity risk; banking system; yield curve; bank liquidation law; securities portfolio; interest rate; foreign currency; payroll account service; secondary market; asset quality; Banco Internacional de Moçambique; Commercial banks; Credit; Credit risk; Exchange rate risk; Global; Africa (search for similar items in EconPapers)
Pages: 46
Date: 2010-01-08
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