01755cas a2200241 a 4500 AALejournalIMF016528 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513571386 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Benin : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (25 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 Selected Issues paper reviews the vulnerability and risks associated with Benin's banking sector. Banks in Benin show significant vulnerabilities. Although financial soundness indicators do not present immediate stability concern, the quality of banks' loan portfolio is low and has constrained credit to the private sector. Stress tests confirm that credit risk is of particular concern. Structural impediments are at the root of these risks, including problems with property titles, information asymmetries, and the weak judiciary, which complicates contract enforcement. Structural reforms and a re-calibration of fiscal policies to reduce the government's lending needs are necessary to mitigate these risks over time. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/007 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/007/002.2016.issue-007-en.xml IMF e-Library