Brazil: Financial System Stability Assessment
July 31, 2012
Summary
The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.
Subject: Bank resolution framework, Banking, Credit, Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Loans, Money, Mutual funds
Keywords: bank supervision, bond market, bridge bank statute, central bank, CR, Credit, credit risk, debt service, exchange rate, Financial sector stability, financial system, foreign exchange, Global, interest rate, investment funds, ISCR, liquidity ratio, Loans, medium bank, reverse repo
Pages:
64
Volume:
2012
DOI:
Issue:
206
Series:
Country Report No. 2012/206
Stock No:
1BRAEA2012003
ISBN:
9781475506723
ISSN:
1934-7685





