Morocco: Financial System Stability Assessment: Update
October 14, 2008
Summary
This paper presents an update to the Financial System Stability Assessment on Morocco. Major reforms have been achieved since the 2002 Financial Sector Assessment Program (FSAP) within a policy of actively promoting economic and financial sector opening. The 2002 FSAP recommendations have been largely implemented. Although the financial system is stable and considerably more robust than in the past, the liberalization of capital flows and increased exchange rate flexibility present challenges for the monetary authorities, financial regulators, financial institutions, and markets.
Subject: Bank legislation, Banking, Commercial banks, Credit, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Loans, Market risk, Money, Stress testing
Keywords: assets equivalent, bank Al-Maghrib, bank financial institutions, banking sector, banking system, banks' balance sheets, central bank, Commercial banks, CR, Credit, et IMF estimation, exchange rate, financial system, illiquid bank, interest rate, ISCR, Loans, Maghreb, management of exchange risk, Market risk, parent bank, problem bank, return on equity, Stress testing
Pages:
40
Volume:
2008
DOI:
Issue:
333
Series:
Country Report No. 2008/333
Stock No:
1MAREA2008003
ISBN:
9781451824834
ISSN:
1934-7685





