IMF Staff Country Reports

Republic of Croatia: Financial System Stability Assessment: Update

May 16, 2008

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Republic of Croatia: Financial System Stability Assessment: Update", IMF Staff Country Reports 2008, 160 (2008), accessed November 23, 2024, https://doi.org/10.5089/9781451817485.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

The 2002 Financial Stability Assessment Program (FSAP) found that the Croatian financial system was resilient, but vulnerabilities remain. The authorities have been proactive in addressing macroeconomic and financial vulnerabilities associated with rapid credit growth and have also taken prudential measures on contingency planning with supervisory authorities of foreign banks coupled with efforts to enhance risk awareness and strengthen home-host coordination. The Croatian National Bank (CNB) has put in place an effective bank supervision framework. The assessment reflected a legal and regulatory framework together with banking supervision practices of the Croatian authorities.

Subject: Bank credit, Banking, Credit, Credit risk, Financial institutions, Financial regulation and supervision, Financial Sector Assessment Program, Loans, Money

Keywords: Bank administrator, Bank assets, Bank closure, Bank credit, Bank lending, Bank practice, Bank resilience, Bank resolution, Banking group, CNB bill, CR, Credit, Credit risk, Deposit base, Eastern Europe, Financial market, Foreign currency, Global, ISCR, Liquidity problem, Loans, Parent bank

Publication Details

You May Also Be Interested In...

Implementing Risk-Based Solvency for Insurers—Lessons from Kenya, Mexico, and South Africa

November 22, 2024

Bilateral Trade in Services and Exchange Rates: Evidence of Dominant Currency Pricing

November 22, 2024

New Evidence on the US Excess Return on Foreign Portfolios

November 22, 2024

The Fund's Income Position for FY 2024--Actual Outcome

November 21, 2024