Rwanda: 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 the FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
IMF Staff Country Reports, September 13, 2005
Source details
- Canonical URL
- Rwanda: 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 the FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
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Bibliographic details
- Published: September 13, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451957075.002
Summary and scope
- Analyzes Rwanda’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on:
- Monetary and Financial Policy Transparency
- Banking Supervision
- The Financial Action Task Force Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
- Publication date: September 13, 2005
- Series: Country Report No. 2005/309
- Pages: 43
- Issue: 309
- Volume: 2005
- DOI: https://doi.org/10.5089/9781451957075.002
- ISBN: 9781451957075
- ISSN: 1934-7685
- Stock No: 1RWAEA2005005
Key findings and vulnerabilities
- Rwanda’s economic performance is vulnerable to shocks, in particular a sharp fall in aid flows.
- The domestic financial sector faces a poor environment characterized by:
- Economic activity concentrated in a few sectors
- A weak credit culture
- There are serious shortcomings in:
- The accounting and auditing systems
- The institutional, legal, and judicial frameworks
Thematic subjects and focus areas
- Banking
- Commercial banks
- Credit
- Economic sectors
- Financial institutions
- Financial regulation and supervision
- Financial sector
- Money
- Nonperforming loans
- Payment systems
Keywords and technical terms preserved from the report
- Africa
- capital adequacy ratio
- Commercial banks
- CR
- Credit
- credit auction
- Financial sector
- foreign exchange
- ISCR
- lender-of-last resort facility
- monetary policy
- money market
- NBR interest rate management
- NBR law
- NBR payment systems unit
- Nonperforming loans
- risk concentration
International Monetary Fund. Rwanda: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and the FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism. IMF Staff Country Reports 2005, 309 (2005).