European Parliament Library

Albania :, Financial System Stability Assessment

Abstract
This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the Albanian economy is weak, macroeconomic imbalances are large, and the financial sector faces several risks. Capital-to-asset ratios are sizable, but banks hold large amounts of government bonds that expose banks to sizeable losses in case of a sovereign debt re-pricing and balance sheets have deteriorated as a result of a rapid increase of nonperforming loans (NPLs). The authorities have taken steps to reduce the existing stock of NPLs with technical assistance from the World Bank
Table Of Contents
Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; TABLES; 1. FSAP Update-High Priority Recommendations; BACKGROUND; A. Financial Sector Structure; FIGURES; 1. Financial Sector Overview; B. Macroeconomic Performance and Risks; SOUNDNESS OF THE BANKING SECTOR; A. Vulnerabilities; 2. Banking Sector Indicators; B. Systemic Liquidity and Market Operations; 3. Developments in Nonperforming Loans; 4. The Credit Cycle; 5. Deleveraging Pressures in Foreign-Owned Banks; 6. Compliance with Liquidity Regulations by Banks, end-August 2013; C. Resilience of Banks: Stress Tests
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (96 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484339619

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow