IMF Staff Country Reports

Haiti: Financial System Stability Assessment, including a Report on the Observance of Standards and Codes on Banking Supervision

March 27, 2008

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International Monetary Fund. Monetary and Capital Markets Department "Haiti: Financial System Stability Assessment, including a Report on the Observance of Standards and Codes on Banking Supervision", IMF Staff Country Reports 2008, 112 (2008), accessed November 21, 2024, https://doi.org/10.5089/9781451817706.002

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Summary

Haiti’s financial system plays a limited role in supporting economic growth. The Financial Sector Assessment Program (FSAP) team assessed that financial sector data are generally adequate, although the unavailability of some statistics has weakened the analysis. Stress tests suggest that the banking system is resilient to a range of single-risk factor shocks, but would be vulnerable to a deterioration in credit quality. The banking sector needs to play a more effective role in supporting growth. There is no explicit law governing payment systems.

Subject: Banking, Bonds, Credit, Credit bureaus, Financial institutions, Financial markets, Financial statements, Loans, Money, Public financial management (PFM)

Keywords: Accounting framework, Bank, Bank assets, Bonds, BRH, BRH bond, BRH power, BRH regulation, BRH resource, Capital position, Caribbean, CR, Credit, Credit bureaus, Financial statements, Interest rate, ISCR, Loans

Publication Details

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