IMF Staff Country Reports

Albania: Financial System Stability Assessment

March 19, 2014

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Albania: Financial System Stability Assessment, (USA: International Monetary Fund, 2014) accessed September 20, 2024

Summary

This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the Albanian economy is weak, macroeconomic imbalances are large, and the financial sector faces several risks. Capital-to-asset ratios are sizable, but banks hold large amounts of government bonds that expose banks to sizeable losses in case of a sovereign debt re-pricing and balance sheets have deteriorated as a result of a rapid increase of nonperforming loans (NPLs). The authorities have taken steps to reduce the existing stock of NPLs with technical assistance from the World Bank.

Subject: Banking, Commercial banks, Currencies, Financial institutions, Loans, Money, Mutual funds, Nonperforming loans

Keywords: Asset, Bank, Bank capitalization, Bank interlinkage, Bank loss, Banking sector, BOA, Bridge bank, Commercial banks, CR, Credit risk, Currencies, Foreign currency, Global, ISCR, Liquidity, Loan, Loans, Mutual funds, Nonperforming loans, Parent bank, Resolution expense

Publication Details

  • Pages:

    95

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2014/079

  • Stock No:

    1ALBEA2014002

  • ISBN:

    9781484338797

  • ISSN:

    1934-7685

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