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Middle East and Central Asia > Kyrgyz Republic

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Cover IMF Staff Country Reports
Kyrgyz Republic: Financial System Stability Assessment including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems
International Monetary Fund
This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the Kyrgyz Republic. Though the Kyrgyz Republic has made progress in addressing macroeconomic imbalances in recent years, its financial system remains small and at a fairly low level of development. Thus, most financial vulnerabilities should be viewed more in terms of their threat to financial sector development than their threat to macroeconomic stability.
Keywords:
ISCR; CR; national bank; monetary policy; central bank; banking law; financial system; banking supervision; banking sector; Bank legislation; Bank supervision; Payment systems; Commercial banks; Legal support in revenue administration; Central Asia; Global