Kingdom of the Netherlands-Aruba: Technical Assistance Report-Financial Stability Diagnostic and Scoping Mission

May 19, 2023

Preview Citation

Format: Chicago

Kingdom of the Netherlands-Aruba: Technical Assistance Report-Financial Stability Diagnostic and Scoping Mission, (USA: International Monetary Fund, 2023) accessed December 24, 2024

Summary

Aruba has a sizeable financial sector, dominated by commercial banks that are generally well capitalized and hold ample liquidity buffers. Within the context of a conservative business model, capital adequacy and liquid assets to total assets ratios have been around double the regulatory minima. Banks are profitable and before the pandemic the NPL ratio was at a moderate level. Due to the Covid-19 pandemic, the NPL risks increased, but have remained within acceptable ranges.

Subject: Commercial banks, Financial institutions, Financial sector policy and analysis, Financial sector stability, Housing prices, International organization, Loans, Monetary policy, Mortgages, Prices

Keywords: Bank data, Bank FIS, C. CBA, Caribbean, CARTAC mission, Commercial banks, Financial sector stability, Housing prices, Lending portfolio, Loans, Mortgage bank, Mortgages, Staff team of the International Monetary Fund

Publication Details

Pages:

27
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/170
Stock No:

1ABWEA2023001
ISBN:

9798400242885
ISSN:

1934-7685

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