Senegal: Financial Depth and Macrostability

October 22, 2013

Preview Citation

Format: Chicago

Patrick A. Imam, and Christina Kolerus. Senegal: Financial Depth and Macrostability, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This enhanced review of Senegal’s financial sector is one of several pilot reviews called for by the Executive Board in May 2012. The purpose of the reviews is to go beyond the traditional surveillance focus on banking system soundness and solvency by analyzing in more depth the interplay between financial development, macroeconomic and financial stability, and effectiveness of macroeconomic policies in low-income countries. Senegal is a member of the West African Economic and Monetary Union; a number of key macroeconomic and financial policies are designed and implemented at the union level. This study focuses on Senegal-specific issues. Another pilot study, to be prepared in the context of the next annual consultation on regional policies in early 2013, will focus on union-wide issues.

Subject: Banking, Commercial banks, Credit, Financial crises, Financial institutions, Financial markets, Financial sector development, Financial sector policy and analysis, Money, Nonperforming loans, Systemic risk

Keywords: Bank assets, Bank interconnectedness, Bank intermediation, Bank supervision, Banking sector, Banking system, Banks in Senegal, Commercial banks, Credit, Credit portfolio, DP, DPPP, Financial sector development, Financial system, Interbank market, Monetary union, Review bank regulation, Systemic risk, West Africa

Publication Details

Pages:

39
Volume:

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DOI:

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Issue:

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Series:

Departmental Paper No. 2013/006
Stock No:

SFDMSEA
ISBN:

9781475534139
ISSN:

2616-5333

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