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Europe > Montenegro

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Financial sector policy and analysis x
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Cover Negative Euro Area Interest Rates and Spillovers on Western Balkan Central Bank Policies and Instruments
Negative Euro Area Interest Rates and Spillovers on Western Balkan Central Bank Policies and Instruments
International Monetary Fund

Abstract

Proceedings of a conference co-hosted by the Bank of Albania and the International Monetary Fund in May 2017.

Keywords:
SEM; interest rate; euro; central bank; rate; bank; interest rate differential; interest rate environment; ECB monetary policy; FX reserve; risk-taking channel; Currencies; Negative interest rates; Financial sector stability; Exchange rates; Central bank policy rate; Global; Europe; Western Europe; Eastern Europe; Baltics; ECB monetary policy implementation framework; International reserves
Cover IMF Staff Country Reports
Montenegro: Financial Sector Assessment Program-Banking Sector Stress Testing-Technical Note
International Monetary Fund. Monetary and Capital Markets Department
The main objective of this technical note is to assess bank’s balance sheet and profits, solvency stress test, and liquidity stress test. The financial system in Montenegro is dominated by the banking sector. By the end of 2014, 12 licensed banks operated in Montenegro, with total banking sector assets amounting to 3.1 billion euros or 88 percent of total financial system assets and 92 percent of GDP. The stress-testing exercise is aimed to test the banking system’s resilience to extreme but plausible shocks. The stress test is a tool to assess the vulnerabilities of the banking system that may expose it to risks.
Keywords:
ISCR; CR; bank; capital adequacy ratio; capital; loan; capital shortfall; parent bank funding; ratio projection; Montenegro bank; bank portfolio; a number of bank; bank failure; EU bank; exposure loss; percentage share; bank network analysis; return on assets; Commercial banks; Loans; Credit; Nonperforming loans; Stress testing; Global
Cover IMF Staff Country Reports
Republic of Montenegro: Financial System Stability Assessment
International Monetary Fund
Montenegro is undergoing rapid credit growth in the context of heavy foreign bank presence and euro use. However, the rate of credit expansion is testing the limits of banks’ capacity to underwrite loans prudently and maintain adequate buffers. Rapid credit growth is now also posing supervisory challenges, despite relatively strong financial sector regulation and supervision. The recommended policy response is a mix of prudential strengthening required to address risks emanating from rapid credit growth, and measures to address specific vulnerabilities.
Keywords:
ISCR; CR; capital market; banking system; problem bank resolution procedure; risk management practice; state-enterprise deposit placement; financial system; credit risk; liquidity ratio; bank lending; prudential liquidity management; treasury bill; banking sector; adequacy level; bank funding; Credit; Credit risk; Stress testing; Commercial banks; Capital adequacy requirements