02134cas a2200241 a 4500 AALejournalIMF016660 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513505107 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Republic of Moldova : Financial Sector Assessment Program-Bank Crisis Resolution-Technical Note. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (29 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 An important aspect of the FSAP mission was the review of the bank crisis resolution framework in Moldova. There are several characteristics of vulnerabilities in the banking system which suggests the need for the authorities to give a high priority to crisis resolution preparedness. Notable in this context is the concentrated nature of the banking system, being dominated by six domestic banks (four of which are relatively large): the six banks, which de facto appear to form two groups of banks (involving five of the six largest domestic banks) having combined market share of 60-70 percent of banking system assets. In the case of two of these banks there is a significant large exposure risk, with aggregate large exposures being well in excess of the banks' capital. These banks also have relatively large exposure risk to foreign banks. Moreover, stress testing undertaken for the FSAP suggests a potential vulnerability to credit risks, particularly as regards foreign currency denominated loans. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/073 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/073/002.2016.issue-073-en.xml IMF e-Library