Slovak Republic: Selected Issues and Statistical Appendix

International Monetary Fund

No 2001/129, IMF Staff Country Reports from International Monetary Fund

Abstract: The government has begun implementing an ambitious program of banking sector and enterprise reform in 1999. A key aspect of this program is the restructuring and privatization of three large state-owned banks. As a by-product of the bank restructuring, the bad assets carved out from the banks will be worked out, together with tax and social security arrears. The Slovak authorities have embarked on an ambitious task to deal with inherited weaknesses of the banking system. Now the challenge is to focus on the institutional improvement in banking supervision.

Keywords: ISCR; CR; bank; loan; banking; company Steel Kosice; enterprise sector; monetary policy transmission mechanisms; profitability indicator; oil price; nonfinancial enterprise; enterprise restructuring; wage cost; Real interest rates; Exchange rates; Bank supervision; Real exchange rates; Labor costs; Central and Eastern Europe; Global (search for similar items in EconPapers)
Pages: 103
Date: 2001-08-06
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