Republic of Croatia : Financial System Stability Assessment: Update

Author/Editor:

International Monetary Fund

Publication Date:

May 16, 2008

Electronic Access:

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Summary:

The 2002 Financial Stability Assessment Program (FSAP) found that the Croatian financial system was resilient, but vulnerabilities remain. The authorities have been proactive in addressing macroeconomic and financial vulnerabilities associated with rapid credit growth and have also taken prudential measures on contingency planning with supervisory authorities of foreign banks coupled with efforts to enhance risk awareness and strengthen home-host coordination. The Croatian National Bank (CNB) has put in place an effective bank supervision framework. The assessment reflected a legal and regulatory framework together with banking supervision practices of the Croatian authorities.

Series:

Country Report No. 08/160

Subject(s):

English

Publication Date:

May 16, 2008

ISBN/ISSN:

9781451817485/1934-7685

Stock No:

1HRVEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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