Cover IMF Staff Country Reports
Buy Book in Print
The Republic of Latvia: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics: Banking Supervision; Payment Systems; Securities Regulation; Insurance Regulation; Corporate Governance; and Monetary and Financial Policy Transparency
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 067
Language:
English
Publication Date:
22 Mar 2002
DOI:
https://doi.org/10.5089/9781451824537.002
ISBN:
9781451824537
ISSN:
1934-7685
Pages:
62
Keywords:
ISCR; CR; central bank; monetary policy; joint stock; exchange rate; foreign exchange; investment funds; capital market; banking system; liquidity ratio; Payment systems; Insurance companies; Securities markets; Credit; Baltics
Download PDF (4.3 MB) Download Epub
This paper presents key findings of Latvia’s Financial System Stability Assessment, including Reports on Observance of Standards and Codes on Banking Supervision; Payment Systems; Securities Regulation; Insurance Regulation; Corporate Governance; and Monetary and Financial Policy Transparency. The assessment reveals that the banking system of Latvia is well capitalized, profitable, and liquid following its recovery from the effects of the Russian crisis in 1998. A notable feature of the financial system is the significant share of nonresident deposits and foreign equity in the banking system and nonresident investment in the securities market.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund