Republic of Belarus : Financial System Stability Assessment, including Reports 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:

June 28, 2005

Electronic Access:

Free Full text (PDF file size is 557 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper reviews key findings of Belarus’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Banking Supervision, Payment Systems, and Anti-Money Laundering and Combating the Financing of Terrorism. Although significant progress has been made in upgrading the financial system’s technical infrastructure and the regulatory and supervisory framework, financial sector structural reform has been slow overall. The centralized approach to economic management continues to dominate the financial system. The major banks, which are with one exception government owned or controlled, are frequently requested to lend to priority enterprises and sectors.

Series:

Country Report No. 05/216

Subject:

Notes:

Also available online in Russian

English

Publication Date:

June 28, 2005

ISBN/ISSN:

9781451805178/1934-7685

Stock No:

1BLREA2005003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

47

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