Romania: Financial Sector Stability Assessment

International Monetary Fund

No 2010/047, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the financial sector stability assessment for Romania. The assessment reveals that in recent years, Romania’s financial sector regulatory authorities have made significant progress in adopting international best practices, including through transposition of European Union directives, as well as through implementation of many of the recommendations of the 2003 Financial Sector Assessment Program. In the current circumstances, a number of measures to strengthen the crisis management and safety net framework are recommended.

Keywords: ISCR; CR; bank; NBR; lending; vis-à-vis bank shareholder; parent bank; fair value; bank regulator; problem bank; bank-intermediated finance; Commercial banks; Stress testing; Crisis management; Eastern Europe; Europe; Global (search for similar items in EconPapers)
Pages: 66
Date: 2010-02-26
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Citations: View citations in EconPapers (5)

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