IMF Staff Country Reports

Republic of Lithuania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Insurance Regulation, and Payment Systems

February 8, 2002

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International Monetary Fund. Monetary and Capital Markets Department "Republic of Lithuania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Insurance Regulation, and Payment Systems", IMF Staff Country Reports 2002, 019 (2002), accessed November 21, 2024, https://doi.org/10.5089/9781451824049.002

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Summary

This paper presents key findings of the Financial System Stability Assessment for the Republic of Lithuania, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Insurance Regulation, and Payment Systems. There appear to be no immediate threats to the stability of the bank-dominated financial system, owing to sound macroeconomic policies in the context of the currency board arrangement, vigorous structural and legal reforms in preparation for accession to the European Union, and strong banking regulation and supervision.

Subject: Bank credit, Bank supervision, Banking, Commercial banks, Financial institutions, Financial markets, Financial regulation and supervision, Insurance, Insurance companies, Payment systems

Keywords: Bank director, Bank supervision, Banking system, Broad money, Capital ratio, Central bank, Commercial banks, CR, Credit union, Eastern Europe, Europe, Financial system, Insurance, Insurance companies, ISCR, Monetary policy, Payment systems, Risk management

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