IMF Staff Country Reports

Kyrgyz Republic: Financial System Stability Assessment including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems

March 7, 2003

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International Monetary Fund. Monetary and Capital Markets Department "Kyrgyz Republic: Financial System Stability Assessment including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems", IMF Staff Country Reports 2003, 052 (2003), accessed June 23, 2025, https://doi.org/10.5089/9781451821390.002

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Summary

This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the Kyrgyz Republic. Though the Kyrgyz Republic has made progress in addressing macroeconomic imbalances in recent years, its financial system remains small and at a fairly low level of development. Thus, most financial vulnerabilities should be viewed more in terms of their threat to financial sector development than their threat to macroeconomic stability.

Subject: Bank legislation, Bank supervision, Banking, Commercial banks, Financial institutions, Financial markets, Financial regulation and supervision, Legal support in revenue administration, Payment systems, Revenue administration

Keywords: Bank legislation, Bank supervision, Banking law, Banking sector, Banking supervision, Central Asia, Central bank, Commercial banks, CR, Financial system, Global, ISCR, Legal support in revenue administration, Monetary policy, National bank, Payment systems

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