IMF Staff Country Reports

Cameroon: Financial System Stability Assessment: Update

February 18, 2009

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International Monetary Fund. Monetary and Capital Markets Department "Cameroon: Financial System Stability Assessment: Update", IMF Staff Country Reports 2009, 051 (2009), accessed December 21, 2024, https://doi.org/10.5089/9781451808285.002

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Summary

This paper discusses details of Cameroon’ Financial System Stability Assessment (FSSA). The FSSA is based on the work of a joint IMF-World Bank mission that visited Cameroon as part of the Financial Sector Assessment Program in June 2007. Excess liquidity may be inducing banks to narrow their margins. The lower spread and reduced profitability tilted domestic banks toward disintermediation and discouraged them from opening new branches. The efficiency of the supervisory framework suffers from the limited institutional independence of the Central African Banking Commission.

Subject: Banking, Commercial banks, Credit, Economic sectors, Financial institutions, Financial Sector, Financial services, Loans, Money

Keywords: Address problem bank, Africa, Bank, Banking system, Banks' outreach, Bank's ownership, Capital shortfall, Commercial banks, Concentration risk, CR, Credit, Financial product, Financial sector, Increasing tendency, ISCR, Judicial system, Loan concentration risk, Loan contract, Loan recovery, Loans, Nonbanking financial institutions, Recovery agency, Sub-Saharan Africa

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