Hidden Bibliographic Details
| Varying Form of Title: | Cyprus, selected issues paper
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| Other authors / contributors: | Saiyid, Mustafa.
International Monetary Fund.
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| ISBN: | 1283557029
9781283557023
9781463964566
1463964560
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| Notes: | Title from PDF title page (IMF Web site, viewed December 1, 2011).
"November 2011."
Includes bibliographical references.
Online resource; title.
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| Summary: | The Selected Issues Paper focuses on Cyprus' banking sector vulnerabilities and its pension system. The most salient risks for the banking sector come from commercial banks domiciled in Cyprus. These banks have the strongest links with the local economy and are likely to experience further deterioration of their loan portfolios in both Greece and Cyprus. The paper reveals that, in 2011, Cypriot banks face capital needs estimated at?3.6 billion on a preliminary basis.
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