IMF Staff Country Reports

Republic of Madagascar : Financial System Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

December 14, 2016

Electronic Access:

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Summary:

The Malagasy authorities face the challenge of developing the financial system while preserving financial stability. The financial sector survived relatively well the economic and political turmoil of the last decade on the basis of a conservative strategy, albeit with little progress in financial deepening or inclusion. A move to a more dynamic and open regime could bring with it severe risks unless prudential regulations and practice is strengthened very substantially.

Series:

Country Report No. 16/377

Subject:

Bank soundness Bank supervision Banks Basel Core Principles Crisis prevention Economic indicators Financial sector Financial system stability assessment Madagascar Microfinance Nonbank financial sector Reports on the Observance of Standards and Codes Risk management Stress testing

Notes:

Also Available in French