IMF Staff Country Reports

Antigua and Barbuda: Detailed Assessment of Compliance with Basel Core Principles for Effective Banking Supervision—Offshore Banking

December 7, 2004

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Antigua and Barbuda: Detailed Assessment of Compliance with Basel Core Principles for Effective Banking Supervision—Offshore Banking, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

The Detailed Assessment of Antigua and Barbuda’s compliance with the Basel Core Principles for Effective Banking Supervision is presented. The largest bank represents 61 percent of the sector’s aggregated assets, highlighting an important degree of concentration. Investment portfolios represent the bulk of banks’ assets, and are predominantly composed of government and corporate bonds and equities. Loan portfolios include a number of large exposures, some exceeding 25 percent of capital, and/or connected party loans.

Subject: Banking, Basel Core Principles, Business enterprises, Capital adequacy requirements, Economic sectors, Financial regulation and supervision, Financial services, Market risk, Offshore financial centers

Keywords: Affiliate bank, Bank company, Bank fail., Bank license, Bank management contact, Bank reference, Bank supervision expert, Basel Core Principles, Board of directors, Business enterprises, Business plan, Capital adequacy requirements, Caribbean, Commission cover, Commission salary scale, CR, Holding company, IBC Act, ISCR, Licensed bank, Market activity, Market risk, Offshore bank, Offshore financial centers

Publication Details

  • Pages:

    40

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/388

  • Stock No:

    1ATGEA0042004

  • ISBN:

    9781451981759

  • ISSN:

    1934-7685