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Romania: Financial Sector Stability Assessment
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2010: Issue 047
Language:
English
Publication Date:
26 Feb 2010
DOI:
https://doi.org/10.5089/9781451832938.002
ISBN:
9781451832938
ISSN:
1934-7685
Pages:
66
Keywords:
ISCR; CR; bank; NBR; lending; vis-à-vis bank shareholder; parent bank; fair value; bank regulator; problem bank; bank-intermediated finance; Commercial banks; Stress testing; Crisis management; Eastern Europe; Europe; Global
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This paper discusses key findings of the financial sector stability assessment for Romania. The assessment reveals that in recent years, Romania’s financial sector regulatory authorities have made significant progress in adopting international best practices, including through transposition of European Union directives, as well as through implementation of many of the recommendations of the 2003 Financial Sector Assessment Program. In the current circumstances, a number of measures to strengthen the crisis management and safety net framework are recommended.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund