European Parliament Library

Republic of Belarus :, Financial System Stability Assessment: Update, including Report on the Observance of Standards and Codes on Banking Supervision

This paper presents an update to the Financial System Stability Assessment (FSAP) on the Republic of Belarus. The paper reveals that the Belarusian financial sector has so far weathered the ongoing turmoil well, reflecting its relatively closed nature and the dominant role of state-owned banks. The regulatory and supervisory framework has improved since the 2004 FSAP. The planned overhaul of government-directed lending mechanisms in the context of the Stand-By Arrangement will help to ensure the long-term viability of the Belarusian banking sector
Table Of Contents
Contents; Glossary; Executive Summary; Tables; I. Sources of Potential Risk to Financial Stability; A. Macroeconomic Environment; B. Major Counterparties of Belarusian Financial Institutions; Figures; Boxes; II. Strengths and Vulnerabilities: Institutions and Markets; A. Banks; B. Nonbank Financial Institutions; C. Securities Market; D. Money Market; III. Strengths and Vulnerabilities: the Policy Framework; A. Regulatory and Supervisory Frameworks; B. Financial Safety Nets and Bank Resolution Framework; C. Financial System Infrastructure; IV. Developmental Issues; A. Banks
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
Form Of Item

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