IMF Staff Country Reports

Republic of Belarus: Financial System Stability Assessment: Update, including Report on the Observance of Standards and Codes on Banking Supervision

January 30, 2009

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International Monetary Fund. Monetary and Capital Markets Department "Republic of Belarus: Financial System Stability Assessment: Update, including Report on the Observance of Standards and Codes on Banking Supervision", IMF Staff Country Reports 2009, 030 (2009), accessed November 21, 2024, https://doi.org/10.5089/9781451805291.002

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Also available in: русский

Summary

This paper presents an update to the Financial System Stability Assessment (FSAP) on the Republic of Belarus. The paper reveals that the Belarusian financial sector has so far weathered the ongoing turmoil well, reflecting its relatively closed nature and the dominant role of state-owned banks. The regulatory and supervisory framework has improved since the 2004 FSAP. The planned overhaul of government-directed lending mechanisms in the context of the Stand-By Arrangement will help to ensure the long-term viability of the Belarusian banking sector.

Subject: Bank deposits, Banking, Deposit insurance, Financial crises, Financial institutions, Financial services, Insurance companies, Loans, Nonbank financial institutions

Keywords: Bank, Bank deposits, Bank owner, Belarusian bank, Capital position, CR, Deposit, Deposit insurance, Eastern Europe, Financial condition, Household deposit, Insurance companies, Interest rate, ISCR, Lending, Loans, Nonbank financial institutions

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Also available in Russian

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