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Gabon: 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 Insurance Regulation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 098
Language:
English
Publication Date:
08 May 2002
DOI:
https://doi.org/10.5089/9781451813920.002
ISBN:
9781451813920
ISSN:
1934-7685
Pages:
50
Keywords:
ISCR; CR; solvency ratio; monetary policy; bank assets; publishing requirement; bank customer; capital base; long position; market structure; banking sector; central bank; banking system; Commercial banks; Insurance; Insurance companies; Internal controls; Solvency; Africa; Central Africa; Global
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This paper presents key findings of the Financial System Stability Assessment for Gabon, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Insurance Regulation. The assessment reveals that the Gabonese financial sector is dominated by a relatively sound but small banking sector that focuses squarely on the formal sector. The operating environment is characterized by a fixed peg to the euro, heavy dependence on oil exports, and continued government presence in both the enterprise and financial sectors.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund