Republic of Mozambique: Financial Sector Assessment program—Financial System Stability Assessment
January 8, 2010
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This paper discusses key findings of the Financial System Stability Assessment (FSSA) for the Republic of Mozambique. As a result of a comprehensive financial sector reform program largely based on the 2003 Financial Sector Assessment Program recommendations, Mozambique has made significant progress toward developing and strengthening the banking sector, enhancing supervision, and improving central bank operations. However, despite several government initiatives and legal and regulatory reforms, progress in financial deepening and access has been less satisfactory.
Subject: Banking, Commercial banks, Credit, Credit risk, Exchange rate risk, Financial institutions, Financial regulation and supervision, Financial Sector Assessment Program, Liquidity risk, Money
Keywords: Africa, asset quality, Banco Internacional de Moçambique, bank liquidation law, banking system, central bank, Commercial banks, CR, Credit, Credit risk, Exchange rate risk, foreign currency, Global, interest rate, ISCR, liquidity risk, payroll account service, secondary market, securities portfolio, yield curve
Pages:
46
Volume:
2010
DOI:
Issue:
012
Series:
Country Report No. 2010/012
Stock No:
1MOZEA2010001
ISBN:
9781451827408
ISSN:
1934-7685
