01806cas a2200241 a 4500 AALejournalIMF009726 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451823608 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Sri Lanka : Financial System Stability Assessment; Update, including Reports on the Observance of Standards and Codes on the following topics; Banking Supervision and Payment Systems. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (55 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 This paper presents an update to the Financial System Stability Assessment on Sri Lanka. The paper discusses that despite a challenging macroeconomic environment characterized by a high fiscal deficit, inflationary pressures, and a widening current account, near-term risks to the financial system appear manageable. Financial soundness indicators have improved; nonetheless, stress tests suggest that banks remain relatively less resilient to interest rate and liquidity shocks. Moreover, the system faces challenges over the medium term from continued rapid credit growth, rising interest rates, and rigidities in interbank markets. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/383 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/383/002.2007.issue-383-en.xml IMF e-Library