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

February 8, 2002

Summary

This paper presents key findings of the Financial System Stability Assessment for the Republic of Lithuania, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Insurance Regulation, and Payment Systems. There appear to be no immediate threats to the stability of the bank-dominated financial system, owing to sound macroeconomic policies in the context of the currency board arrangement, vigorous structural and legal reforms in preparation for accession to the European Union, and strong banking regulation and supervision.

Subject: Bank credit, Bank supervision, Banking, Commercial banks, Financial institutions, Financial markets, Financial regulation and supervision, Insurance, Insurance companies, Payment systems

Keywords: bank director, Bank supervision, banking system, broad money, capital ratio, central bank, Commercial banks, CR, credit union, Eastern Europe, Europe, financial system, Insurance, Insurance companies, ISCR, monetary policy, Payment systems, risk management

Pages:
86
Volume:
2002
DOI:
https://doi.org/10.5089/9781451824049.002
Issue:
019
Series:
Country Report No. 2002/019
Stock No:
1LTUEA0032002
ISBN:
9781451824049
ISSN:
1934-7685

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