Uruguay : Financial System Stability Assessment

Publication Date: May 31, 2013
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Summary: The buffers built in the aftermath of Uruguay’s 2002 banking crisis have shielded the financial sector from the effects of the global financial turmoil. Growth has been robust and the outlook continues to be favorable. However, inflation persists but capital inflows have improved, and policy measures have been taken in response. Uruguay exhibits no obvious signs of near-term domestic macrofinancial vulnerability. The external risks to the economy and the financial system come from a fragile global environment, and policy measures are recommended to reduce dollarization.
Series: Country Report No. 13/152
Subject(s): Financial sector | Public enterprises | Commercial banks | Stress testing | Bank supervision | Bank resolution | Basel Core Principles | Deposit insurance | Risk management | Pension funds | Payment systems | Financial system stability assessment | Reports on the Observance of Standards and Codes | Uruguay

Publication Date: May 31, 2013
ISBN/ISSN: 9781484399255/1934-7685 Format: Paper
Stock No: 1URYEA2013003 Pages: 50
US$18.00 (Academic Rate:
US$18.00 )
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