IMF Staff Country Reports

Gabon: Financial System Stability Assessment, Including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Insurance Regulation

May 8, 2002

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International Monetary Fund. Monetary and Capital Markets Department "Gabon: Financial System Stability Assessment, Including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Insurance Regulation", IMF Staff Country Reports 2002, 098 (2002), accessed December 22, 2024, https://doi.org/10.5089/9781451813920.002

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Summary

This paper presents key findings of the Financial System Stability Assessment for Gabon, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Insurance Regulation. The assessment reveals that the Gabonese financial sector is dominated by a relatively sound but small banking sector that focuses squarely on the formal sector. The operating environment is characterized by a fixed peg to the euro, heavy dependence on oil exports, and continued government presence in both the enterprise and financial sectors.

Subject: Banking, Commercial banks, Financial institutions, Financial sector policy and analysis, Insurance, Insurance companies, Internal controls, Revenue administration, Solvency

Keywords: Africa, Bank assets, Bank customer, Banking sector, Banking system, Capital base, Central Africa, Central bank, Commercial banks, CR, Global, Insurance, Insurance companies, Internal controls, ISCR, Long position, Market structure, Monetary policy, Publishing requirement, Solvency, Solvency ratio

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