Republic of Montenegro: Financial System Stability Assessment
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Montenegro is undergoing rapid credit growth in the context of heavy foreign bank presence and euro use. However, the rate of credit expansion is testing the limits of banks’ capacity to underwrite loans prudently and maintain adequate buffers. Rapid credit growth is now also posing supervisory challenges, despite relatively strong financial sector regulation and supervision. The recommended policy response is a mix of prudential strengthening required to address risks emanating from rapid credit growth, and measures to address specific vulnerabilities.
Series:
Country Report No. 2008/050
Subject:
Banking Capital adequacy requirements Commercial banks Credit Credit risk Financial institutions Financial regulation and supervision Financial sector policy and analysis Money Stress testing
Frequency:
Biannually
English
Publication Date:
February 4, 2008
ISBN/ISSN:
9781451826722/1934-7685
Stock No:
1MNEEA2008003
Pages:
38
Please address any questions about this title to publications@imf.org