01746cas a2200241 a 4500 AALejournalIMF016896 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498325509 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Montenegro : Financial Sector Assessment Program-Banking Sector Stress Testing-Technical Note. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (48 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 The main objective of this technical note is to assess bank's balance sheet and profits, solvency stress test, and liquidity stress test. The financial system in Montenegro is dominated by the banking sector. By the end of 2014, 12 licensed banks operated in Montenegro, with total banking sector assets amounting to 3.1 billion euros or 88 percent of total financial system assets and 92 percent of GDP. The stress-testing exercise is aimed to test the banking system's resilience to extreme but plausible shocks. The stress test is a tool to assess the vulnerabilities of the banking system that may expose it to risks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/198 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/198/002.2016.issue-198-en.xml IMF e-Library