Kuwait : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Securities Regulation, Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

May 24, 2004

Electronic Access:

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Summary:

This Financial System Stability Assessment on Kuwait reviews the macroeconomic environment and gives an overview of the financial system. Financial stability has been effectively supported by prudent fiscal and monetary policies. The banking sector appears sound and is well regulated and supervised. Sensitivity to market risk is limited owing to the short-maturity structure of interest bearing instruments, while exchange rate risk has been contained by strict enforcement of prudential requirements. Equity prices have once again increased markedly and reached new record highs.

Series:

Country Report No. 04/151

Subject:

English

Publication Date:

May 24, 2004

ISBN/ISSN:

9781451822298/1934-7685

Stock No:

1KWTEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

47

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