01674cas a2200241 a 4500 AALejournalIMF005051 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451824162 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Lithuania : Financial System Stability Assessment; Update. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (52 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/137 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/137/002.2008.issue-137-en.xml IMF e-Library