El Salvador: Technical Note on Safety Nets and Crisis Management Arrangements

 
 
Publication Date: February 11, 2014
 
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Summary: This Technical Note analyzes Safety Nets and Crisis Management Arrangements in El Salvador. In El Salvador, the banking safety net—emergency liquidity assistance, resolution and deposit insurance—faces particular challenges given it operates in the context of official dollarization. Although banks’ liquid assets holdings are high, there are some weaknesses with the liquidity requirements in terms of dealing with banks’ individual liquidity risks. The bank resolution scheme, which has not been tested, and the deposit insurance fund, which has insufficient funds, both need to be strengthened.
 
Series: Country Report No. 14/46
Subject(s): Financial Sector Assessment Program | Bank resolution | Bank legislation | Deposit insurance | Liquidity management | Bank supervision | Financial safety nets | Risk management | Reports on the Observance of Standards and Codes | El Salvador

 
English
Publication Date: February 11, 2014
ISBN/ISSN: 9781475588118/1934-7685 Format: Paper
Stock No: 1SLVEA2014003 Pages: 25
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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