Mexico: Financial System Stability Assessment
IMF Staff Country Reports, March 30, 2012
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- Canonical URL
- Mexico: Financial System Stability Assessment
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Bibliographic details
- Published: March 30, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475502756.002
Summary and key findings
- The Mexican banking system is profitable, liquid, well capitalized, and stress tests suggest that it is able to withstand severe shocks.
- The strength of capital buffers has persuaded the authorities to introduce Basel III capital requirements in 2012, well ahead of other countries.
- The institutional set-up for macrofinancial oversight and systemic crisis management has been strengthened with the establishment of the Financial System Stability Council.
Institutional reforms and policy implications
- Adoption of Basel III capital requirements in 2012 as a proactive measure to strengthen bank resilience.
- Establishment of the Financial System Stability Council to enhance macrofinancial oversight and systemic crisis management.
Thematic coverage
- Subject: Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Financial services, Legal support in revenue administration, Money, Revenue administration, Stress testing
- Keywords: balance sheet, banking system, central bank, Commercial banks, CR, Credit, credit risk, Europe, exchange rate, financial system, Global, ISCR, Legal support in revenue administration, price index, Stress testing
Mexico: Financial System Stability Assessment
Content in this bundle
- Mexico: Financial System Stability Assessment; IMF Country Report 12/65; December 7, 2011