| Description |
1 online resource (56 pages) : illustrations, charts, graphs, tables |
| Series |
IMF Country Reports ; no. 14/161 |
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IMF country report ; no. 14/161
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| Contents |
Cover; CONTENTS; Glossary; EXECUTIVE SUMMARY; INTRODUCTION; A. Context; B. Recent Macroeconomic Developments; OVERVIEW OF THE FINANCIAL SYSTEM; TABLES; 1. Financial Sector Overview; A. Banking System; BOXES; 1. Write-Off of Nonperforming Loans; B. Nonbank Financial Institutions; FIGURES; 1. Evolution of Banking Sector; FINANCIAL STABILITY ISSUES; A. Key Banking Sector Risks; 2. Evolution of Nonbanking Sector; 2. Financial Stability Indicators; B. Stress Testing; 3. Summary Results of the Stress Tests with Adjusted Data; FINANCIAL STABILITY FRAMEWORK; A. Regulatory and Supervisory Issues |
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2. Moral Hazard in Buy-back Operations: Can it be Avoided?B. Financial Sector Safety Net; 3. Managing Excess Liquidity from the Hydrocarbon Sector-the Role of Reducing Restrictive Exchange Rate Measures; FINANCIAL SECTOR DEVELOPMENT; 4. Distribution of Loans to Enterprises (by loan size); 4. Financial System Development -- Can Intertemporal Smoothing Help?; 3. Percentage of Adult Population with Access to an Account with a Financial Institution; 5. Public Support Programs (Subsidies) for Microenterprises; APPENDICES; I. Risk Assessment Matrix; II. Financial System Supervisory Structure |
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III. Basel Core Principles-Summary AssessmentIV. Implementation of 2007 FSAP Recommendations; V. Stress Testing Matrix |
| Summary |
This paper discusses key findings of the Financial System Stability Assessment on Algeria. The global crisis has had virtually no impact on Algeriaâ??s financial system, which remains stable overall but thoroughly underdeveloped. Pervasive exchange controls, widespread public ownership, and an abundance of domestic funding have protected banks from external shocks. Financial sector reforms have been pushed to the backburner by the emergence of global financial and regional political turmoil, with privatization of banks halted and consumer lending suspended. The authorities have also made progr |
| Notes |
Online resource; title from PDF cover (ebrary, viewed August 14, 2014) |
| Subject |
Banks and banking -- Algeria -- Evaluation
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Finance -- Algeria -- Evaluation
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Financial institutions -- Algeria -- Evaluation
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Banks and banking -- Evaluation
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Finance -- Evaluation
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Financial institutions -- Evaluation
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Algeria
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| Form |
Electronic book
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| Author |
International Monetary Fund, issuing body
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| ISBN |
1498316247 |
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9781498316248 |
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