Republic of Lithuania : Financial System Stability Assessment; Update.

Lithuania's catch-up toward the European average has been impressive. This success has been coupled with the emergence of macroeconomic imbalances. The dominance of foreign-owned banks in the banking system constitutes both a source of strength and risk. Although stress tests indicate that the...

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Библиографические подробности
Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2008.
Серии:IMF Staff Country Reports; Country Report ; No. 2008/137
Online-ссылка:Full text available on IMF
Описание
Итог:Lithuania's catch-up toward the European average has been impressive. This success has been coupled with the emergence of macroeconomic imbalances. The dominance of foreign-owned banks in the banking system constitutes both a source of strength and risk. Although stress tests indicate that the banking system is reasonably resilient to macroeconomic shocks, existing capital buffers might not be sufficient to cope with low probability extreme events, and strengthening the capital would be advisable. The government implemented a regulatory framework for Nonbank Financial Institution (NBFI) and a pension reform.
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Объем:1 online resource (52 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students