Republic of Mozambique : Financial System Stability Assessment Including Report on the Observance of Standards and Codes on the following topics: Banking Supervision, Payment Systems, and Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

March 5, 2004

Electronic Access:

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Summary:

The Mozambican financial system has made remarkable progress from mono-banking to a full blown, market-based, financial system. Although Mozambican banks are generally profitable and well capitalized, they are exposed to significant credit risk. A number of reforms are needed to enhance the independence of the central bank, to ensure it has the financial means to conduct its monetary policy under a very low-inflation environment, and to improve banks' appetite for making new credits in the difficult Mozambiques lending environment.

Series:

Country Report No. 04/52

Subject:

English

Publication Date:

March 5, 2004

ISBN/ISSN:

9781451827170/1934-7685

Stock No:

1MOZEA0032004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

43

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