Malaysia: Financial Sector Stability Assessment
IMF Staff Country Reports, February 28, 2013
Source details
- Canonical URL
- Malaysia: Financial Sector Stability Assessment
Other formats
Bibliographic details
- Published: February 28, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475588026.002
Overview and purpose
- Assessment is a review of the financial environment of Malaysia.
- Context: Malaysia experienced financial distress in the late 1990s; subsequent policy reforms moved the country to a successful economy.
- Authorities' stated horizon: the authorities look on to a developed Malaysia by 2020.
Major reforms and developments
- A ten-year financial plan (2001–10) by Bank Negara Malaysia restructured the financial sector.
- Sectoral developments noted:
- Banks were well capitalized.
- Household debts were strengthened.
- Securities and insurances were developed.
- Malaysia became the global center for Islamic finance.
Key findings and themes
- Financial stability strengthened through post-crisis reforms and regulatory planning.
- Structural evolution of the financial sector included development across banking, securities, insurance, and Islamic finance.
- Emphasis on capitalization and household-sector resilience as pillars of stability.
Subjects and keywords (as listed)
- Subjects: Banking, Commercial banks, Economic sectors, Financial institutions, Financial sector, Financial services, Insurance, Insurance companies, Securities markets
- Keywords: Asia and Pacific, bank lending, bank resolution framework, banking system, BNM data, BNM securities, capital adequacy ratio, Commercial banks, CR, credit risk, exchange rate, Financial sector, financial system, foreign exchange, Global, Insurance, Insurance companies, interest rate, ISCR, monetary policy framework
Content in this bundle
- Malaysia: Financial Sector Stability Assessment; IMF Country Report 13/52; January 28, 2013