IMF Staff Country Reports

Tunisia: Financial System Stability Assessment Update

Publication Date:

December 29, 2006

Electronic Access:

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Summary:

From the 2002 Financial Sector Assessment Program (FSAP), a number of structural reforms have been carried out in the financial system. A number of measures have been taken in the regulatory, fiscal, and legal areas to improve credit quality and financial transparency. The stress test confirms the system's vulnerability to a sharp fall in real estate business. The banking sector plays a predominant role in financing the economy. New regulations requiring banks to strengthen credit evaluation and approval procedures are discussed. Measures have been taken to liberalize the capital account.

Series:

Country Report No. 2006/448

Subject:

Banking Collateral Commercial banks Financial institutions Loans Nonperforming loans State-owned banks

Notes:

Also available online in French