Malaysia: Financial Sector Stability Assessment
Electronic Access:
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Summary:
This assessment is a review of the financial environment of Malaysia. Like many other Asian countries, Malaysia experienced financial distress in the late 1990s, but the country’s policy reforms have moved it to a successful economy. A ten-year financial plan (2001–10) by Bank Negara Malaysia restructured the financial sector. Banks were well capitalized, household debts were strengthened, and securities and insurances were developed. Malaysia thus became the global center for Islamic finance. The authorities look on to a developed Malaysia by 2020.
Series:
Country Report No. 2013/052
Subject:
Banking Commercial banks Economic sectors Financial institutions Financial sector Financial services Insurance Insurance companies Securities markets
English
Publication Date:
February 28, 2013
ISBN/ISSN:
9781475588026/1934-7685
Stock No:
1MYSEA2013002
Pages:
51
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