Paraguay: Selected Issues and Statistical Annex
February 11, 1998
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This Selected Issues paper and Statistical Annex on Paraguay analyzes the financial crisis of June 1997. The lingering effects of the 1995 financial crisis and the subsequent deterioration of performance of several Paraguayan domestic banks resulted in a new crisis in 1997. The paper highlights that 9.7 percent of private foreign currency deposits left the banking system during June 13 to July 18, 1997. This paper also examines the Southern Cone Common Market and its implications for Paraguay.
Subject: Bank deposits, Banking, Commercial banks, Credit, Economic sectors, Exports, Financial institutions, Financial services, International trade, Public enterprises, Public sector
Keywords: Africa, Asia and Pacific, Bank deposits, banking system, capital formation, central bank, Commercial banks, CR, debt service, Europe, Exports, financial system, foreign currency, ISCR, private sector, Public enterprises, Public sector, Western Hemisphere
Pages:
80
Volume:
1998
DOI:
Issue:
015
Series:
Country Report No. 1998/015
Stock No:
1PRYEA0011998
ISBN:
9781451832341
ISSN:
1934-7685
