Suriname: Financial Stability Report

High-Level Summary Technical Assistance Reports, October 25, 2023

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Suriname: Financial Stability Report

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Bibliographic details

• Authors: Petr Jakubik
• Published: October 25, 2023
• Series: High-Level Summary Technical Assistance Reports
• DOI: https://doi.org/10.5089/9798400256219.029

Overview

• Title: Suriname: Financial Stability Report
• By Petr Jakubik
• Date: October 25, 2023
• Type: High-Level Summary technical assistance report
• Purpose: Presents mission’s summary and recommendations of the financial stability report (FSR) and technical assistance aimed to enhance the FSR of the Central Bank of Suriname (CBS).

Key findings from the mission

• The preparation of a detailed FSR production plan and communication strategy are critical and could facilitate improvements, promote the report, and bring some synergies between different teams involved.
• The report should reflect on all-important elements of financial stability assessment and needs to be streamlined to follow the central story with the key messages.
• The quality of the report could be further improved by advancements in the employed analytical toolkit and utilization of all available data sources.
• Existing data gaps could be covered by different surveys with the industry.
• The CBS should initiate a discussion on software/tools that would be used for processing big data in the Bank.

Policy recommendations and operational actions

• Prepare a detailed FSR production plan to structure report development and responsibilities.
• Develop a communication strategy to promote the report’s findings and enhance synergies across teams.
• Streamline the FSR to follow a central narrative with clear key messages.
• Advance the analytical toolkit used in FSR preparation and expand use of all available data sources.
• Implement targeted industry surveys to fill existing data gaps in the short to medium term.
• Initiate discussions at the CBS on software/tools for processing big data to support enhanced analysis.

Keywords and thematic focus

• analytical toolkit
• financial stability
• financial stability report
• systemic risk
• Subject areas: International organization, Monetary policy

Content in this bundle

• Suriname: Financial Stability Report; High-Level Summary Technical Assistance Report No. 2023/015
  • Suriname: Financial Stability Report; High-Level Summary Technical Assistance Report No. 2023/015 (Markdown version)
  • Suriname: Financial Stability Report; High-Level Summary Technical Assistance Report No. 2023/015 (PDF)