Pakistan: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation
IMF Staff Country Reports, July 22, 2004
Source details
- Canonical URL
- Pakistan: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation
Other formats
Bibliographic details
- Published: July 22, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451830583.002
Executive findings
- Major reforms in the financial sector have resulted in a more resilient and efficient financial system that is better placed to absorb significant macroeconomic shocks.
- Increased liquidity in the system has recently led to a rapid increase in credit to the private sector that could be problematic if sustained.
- The securities markets have benefited from recent reforms, but may be vulnerable to systemic risks.
Identified risks and vulnerabilities
- Rapid credit expansion to the private sector associated with increased liquidity poses a potential risk if the expansion is sustained.
- Securities markets, despite reform gains, remain potentially vulnerable to systemic risks (no additional quantification provided in the source text).
Scope and focus areas evaluated
- Monetary and Financial Policy Transparency
- Banking Supervision
- Securities Regulation
Thematic subjects and keywords (as listed)
- Subjects: Banking, Capital adequacy requirements, Commercial banks, Credit, Financial institutions, Financial regulation and supervision, Legal support in revenue administration, Money, Nonperforming loans, Revenue administration
- Keywords: bank lending, banking sector, capital adequacy ratio, Capital adequacy requirements, Commercial banks, CR, Credit, exchange rate, financial system, interest rate, ISCR, Legal support in revenue administration, liquidity risk, Nonperforming loans
Publication and document specifics
- Pages: 52
- Volume: 2004
- Issue: 215
- Series: Country Report No. 2004/215
- DOI: https://doi.org/10.5089/9781451830583.002
- Stock No: 1PAKEA0042004
- ISBN: 9781451830583
- ISSN: 1934-7685
- Publication date shown on page: July 22, 2004
- Format: IMF Staff Country Reports
Source: Pakistan: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation (IMF Staff Country Reports 2004, 215).