01611cas a2200241 a 4500 AALejournalIMF009831 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451826722 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Montenegro : Financial System Stability Assessment. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (38 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 Montenegro is undergoing rapid credit growth in the context of heavy foreign bank presence and euro use. However, the rate of credit expansion is testing the limits of banks' capacity to underwrite loans prudently and maintain adequate buffers. Rapid credit growth is now also posing supervisory challenges, despite relatively strong financial sector regulation and supervision. The recommended policy response is a mix of prudential strengthening required to address risks emanating from rapid credit growth, and measures to address specific vulnerabilities. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/050 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/050/002.2008.issue-050-en.xml IMF e-Library