Georgia : financial sector assessment program macroprudential policy framework - technical note.

Saved in:
Bibliographic Details
Imprint:Washington, District of Columbia : International Monetary Fund, 2015.
©2015
Description:1 online resource (26 pages) : illustrations (some color), graphs.
Language:English
Series:IMF Country Report, 1934-7685 ; no. 15/9
IMF country report ; no. 15/9.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504352
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:9781498316484
1498316484
1498360297
9781498360296
9781498360296
ISSN:1934-7685
Notes:Includes bibliographical references.
Online resource; title from PDF cover (ebrary, viewed March 5, 2015).
Summary:The National Bank of Georgia (NBG) has a broad mandate to safeguard financial stability inGeorgia and has applied several measures that can be considered macroprudential. For instance, the NBG adjusted risk weights for foreign-currency (FX) loans to unhedged borrowers in a countercyclical manner in recent years. Going forward, it plans to introduce the Basel III countercyclical capital buffer regime for the banking system in 2015, which will require that it sets or releases the buffer on a regular basis, based on assessments of cyclical risks. Policymakers should consider establishing a full-fl.
Other form:Print version: Georgia : financial sector assessment program macroprudential policy framework - technical note. Washington, District of Columbia : International Monetary Fund, ©2015 24 pages IMF Country Reports ; Number 15/9 9781498360296
Standard no.:10.5089/9781498360296.002