Albania: Financial System Stability Assessment

March 19, 2014

Preview Citation

Format: Chicago

Albania: Financial System Stability Assessment, (USA: International Monetary Fund, 2014) accessed December 21, 2024

Summary

This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the Albanian economy is weak, macroeconomic imbalances are large, and the financial sector faces several risks. Capital-to-asset ratios are sizable, but banks hold large amounts of government bonds that expose banks to sizeable losses in case of a sovereign debt re-pricing and balance sheets have deteriorated as a result of a rapid increase of nonperforming loans (NPLs). The authorities have taken steps to reduce the existing stock of NPLs with technical assistance from the World Bank.

Subject: Banking, Commercial banks, Currencies, Financial institutions, Loans, Money, Mutual funds, Nonperforming loans

Keywords: Asset, Bank, Bank capitalization, Bank interlinkage, Bank loss, Banking sector, BOA, Bridge bank, Commercial banks, CR, Credit risk, Currencies, Foreign currency, Global, ISCR, Liquidity, Loan, Loans, Mutual funds, Nonperforming loans, Parent bank, Resolution expense

Publication Details

Pages:

95
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2014/079
Stock No:

1ALBEA2014002
ISBN:

9781484338797
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports