IMF Staff Country Reports

Republic of Mozambique : Financial Sector Assessment program—Financial System Stability Assessment

Author/Editor:

International Monetary Fund

Publication Date:

January 8, 2010

Electronic Access:

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Summary:

This paper discusses key findings of the Financial System Stability Assessment (FSSA) for the Republic of Mozambique. As a result of a comprehensive financial sector reform program largely based on the 2003 Financial Sector Assessment Program recommendations, Mozambique has made significant progress toward developing and strengthening the banking sector, enhancing supervision, and improving central bank operations. However, despite several government initiatives and legal and regulatory reforms, progress in financial deepening and access has been less satisfactory.

Series:

Country Report No. 10/12

Subject:

Bank restructuring Bank soundness Bank supervision Banking sector Basel Core Principles Capital markets Central banks Financial Sector Assessment Program Financial system stability assessment Liquidity management Monetary policy Mozambique Payment systems Risk management