Paraguay: Selected Issues and Statistical Annex
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Summary:
This Selected Issues paper and Statistical Annex on Paraguay analyzes the financial crisis of June 1997. The lingering effects of the 1995 financial crisis and the subsequent deterioration of performance of several Paraguayan domestic banks resulted in a new crisis in 1997. The paper highlights that 9.7 percent of private foreign currency deposits left the banking system during June 13 to July 18, 1997. This paper also examines the Southern Cone Common Market and its implications for Paraguay.
Series:
Country Report No. 1998/015
Subject:
Bank deposits Banking Commercial banks Credit Economic sectors Exports Financial institutions Financial services International trade Public enterprises Public sector
English
Publication Date:
February 11, 1998
ISBN/ISSN:
9781451832341/1934-7685
Stock No:
1PRYEA0011998
Pages:
80
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