Senegal : Financial System Stability Assessment Update

Author/Editor:

International Monetary Fund

Publication Date:

April 18, 2005

Electronic Access:

Free Full Text (PDF file size is 449 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Financial System Stability Assessment Update on Senegal reports that the banking sector remains the cornerstone of the financial sector, and risk concentration remains the main source of vulnerability. The largest microfinance institutions (MFI) are sound, but smaller ones are weaker and need to be consolidated and better supervised. Commercial banks and large MFIs provide credit to small- and medium-sized enterprises, but their access to financial services suffers from asymmetries of information and flaws in the judicial system. The development of the regional capital market has not met expectations.

Series:

Country Report No. 05/126

Subject:

English

Publication Date:

April 18, 2005

ISBN/ISSN:

9781451833973/1934-7685

Stock No:

1SENEA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

24

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