Cyprus : Selected Issues Paper

Author/Editor:

International Monetary Fund

Publication Date:

November 29, 2011

Electronic Access:

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Summary:

The Selected Issues Paper focuses on Cyprus' banking sector vulnerabilities and its pension system. The most salient risks for the banking sector come from commercial banks domiciled in Cyprus. These banks have the strongest links with the local economy and are likely to experience further deterioration of their loan portfolios in both Greece and Cyprus. The paper reveals that, in 2011, Cypriot banks face capital needs estimated at €3.6 billion on a preliminary basis.

Series:

Country Report No. 11/332

Subject:

English

Publication Date:

November 29, 2011

ISBN/ISSN:

9781463925888/1934-7685

Stock No:

1CYPEA2011002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

53

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