Antigua and Barbuda : Report on Observance of Standards and Codes-Basel Core Principles for Effective Banking Supervision--Offshore Banking

Information about Western Hemisphere Hemisferio Occidental

Journal Issue

Volume/Issue:: 2004/366
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: December 2004
DOI:: http://dx.doi.org/10.5089/9781451801835.002
ISBN:: 9781451801835
ISSN:: 1934-7685
Page:: 13

The report on the Antigua and Barbuda's Observance of Standards and Codes on Basel Core Principles for Effective Banking Supervision is examined. Aggregated assets reported by the offshore banking sector totaled about US$3.0 billion, equivalent in size to about four times the GDP, as on December 2002. The largest bank represents 61 percent of the sector's aggregated assets, highlighting an important degree of concentration. Investment portfolios represent the bulk of banks' assets and are predominantly composed of government and corporate bonds and equities.

Show Summary Details

You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

Antigua and Barbuda: Report on Observance of Standards and Codes--Basel Core Principles for Effective Banking Supervision---Offshore Banking

Antigua and Barbuda: Report on Observance of Standards and Codes: Basel Core Principles for Effective Banking Supervision—Offshore Banking