Republic of Mozambique: Financial System Stability Assessment Including Report on the Observance of Standards and Codes on the following topics: Banking Supervision, Payment Systems, and Anti-Money Laundering and Combating the Financing of Terrorism
March 5, 2004
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
The Mozambican financial system has made remarkable progress from mono-banking to a full blown, market-based, financial system. Although Mozambican banks are generally profitable and well capitalized, they are exposed to significant credit risk. A number of reforms are needed to enhance the independence of the central bank, to ensure it has the financial means to conduct its monetary policy under a very low-inflation environment, and to improve banks' appetite for making new credits in the difficult Mozambiques lending environment.
Subject: Bank credit, Banking, Capital markets, Commercial banks, Financial institutions, Financial markets, Foreign exchange, Loans, Pensions, Treasury bills and bonds
Keywords: bank, Capital markets, capital position, Commercial banks, CR, exchange rate, ISCR, lending, lending environment, loan, Loans, market, monetary management, Mozambican bank, rate, Sub-Saharan Africa, Treasury bills and bonds
Pages:
43
Volume:
2004
DOI:
Issue:
052
Series:
Country Report No. 2004/052
Stock No:
1MOZEA0032004
ISBN:
9781451827170
ISSN:
1934-7685
