European Parliament Library

Prudential Liquidity Regulation in Developing Countries :, A Case Study of Rwanda, Sarah Sanya, A. E. Wayne Mitchell, Angelique Kantengwa

Abstract
This paper analyses the prudential liquidity management framework, in particular the quantitative indicators employed by the central bank of Rwanda in response to the domestic liquidity crisis in 2008/09. It emphasises that the quantitative methods used in the monitoring and assessment of systemic liquidity risk are inadequate because they did not signal the liquidity crises ex-post. There are quick gains to be made from augumenting the liquidity risk indicators with more dynamic liquidity stress tests so that compliance will be achieved through lengthening the maturities of both assets and liabilities on the balance sheet as opposed to simply holding more liquid assets. The paper recommends that policy emphasis shift toward reforms that strengthen systemic liquidity risk assesment, monetary policy implementation as well as improve the efficiency of Rwanda's financial system
Table of contents
Cover; IMF Working Paper: Prudential Liquidity Regulation in Developing Countries: A Case Study of Rwanda; Abstract; I. INTRODUCTION; II. CAUSE AND EFFECTS OF THE 2008 DOMESTIC LIQUIDITY CRISIS IN RWANDA; III. ANALYZING LIQUIDITY RISK EXPOSURE OF COMMERCIAL BANKS IN RWANDA; IV. SUMMARY OF FINDINGS AND POLICIES TO STRENGTHEN LIQUIDITY RISK MANAGEMENT IN RWANDA; V. CONCLUSION; Appendix 1: Maturity Gap Analysis; References
Language
eng
Literary form
non fiction
Note
Description based upon print version of record
Physical description
1 online resource (32 p.)
Specific material designation
remote
Form of item
online
ISBN
9781463990848

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Luxembourg

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

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow