Albania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems
August 9, 2005
Summary
This paper discusses key finding of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes (ROSC) on the Banking Supervision and Payment Systems in Albania. The assessment reveals that the Albanian financial system is not highly vulnerable to immediate macroeconomic or financial sector shocks. However, accelerating credit growth and increased competition arising from the recent privatization of a dominant (savings) bank may put pressure on the banking system. The financial system is also at an early stage of development.
Subject: Banking, Commercial banks, Credit bureaus, Financial institutions, Financial markets, Foreign exchange, Insurance companies, Loans
Keywords: asset ratio, bank, bank exit, banking sector, banks in Albania, capitalized bank, Central and Eastern Europe, Commercial banks, CR, Credit bureaus, Eastern Europe, financial system, Insurance companies, ISCR, loan portfolio, Loans, RB loan growth, yield curve
Pages:
36
Volume:
2005
DOI:
Issue:
274
Series:
Country Report No. 2005/274
Stock No:
1ALBEA2005005
ISBN:
9781451800838
ISSN:
1934-7685






