IMF Staff Country Reports

Trinidad and Tobago: Press Release; Financial System Stability Assessment; and Statement by the Executive Director for Trinidad and Tobago

Publication Date:

October 30, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The FSAP work was mostly conducted prior to the COVID-19 crisis. Given the FSAP’s focus on medium-term challenges and tail risks, its findings and recommendations for strengthening policy and institutional frameworks remain pertinent. As the growth projections were significantly revised downward since the FSAP, the quantitative risk analysis on bank solvency was complemented to include illustrative scenarios to quantify the possible implications of the COVID-19 shock on bank solvency.

Series:

Country Report No. 2020/291

Subject:

Banking Commercial banks COVID-19 Financial institutions Financial regulation and supervision Financial Sector Assessment Program Health Insurance companies Mutual funds

Frequency:

regular