Malaysia: Financial Sector Stability Assessment

Publication Date:

February 28, 2013

Electronic Access:

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Summary:

This assessment is a review of the financial environment of Malaysia. Like many other Asian countries, Malaysia experienced financial distress in the late 1990s, but the country’s policy reforms have moved it to a successful economy. A ten-year financial plan (2001–10) by Bank Negara Malaysia restructured the financial sector. Banks were well capitalized, household debts were strengthened, and securities and insurances were developed. Malaysia thus became the global center for Islamic finance. The authorities look on to a developed Malaysia by 2020.

Series:

Country Report No. 2013/052

Subject:

English

Publication Date:

February 28, 2013

ISBN/ISSN:

9781475588026/1934-7685

Stock No:

1MYSEA2013002

Pages:

51

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