Serbia and Montenegro : Serbia: 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 Payment Systems.

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Bibliographic Details
Corporate author / creator:International Monetary Fund.
Imprint:Washington, D.C. : International Monetary Fund, 2006.
Description:1 online resource (46 pages)
Language:English
Series:IMF Staff Country Reports, 2227-8907 ; Country Report No. 06/96
IMF Staff Country Reports ; Country Report no. 06/96.
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Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12508161
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Other authors / contributors:International Monetary Fund.
ISBN:1451887191
9781451887198
9781451887198
Notes:Available in PDF, ePUB, and Mobi formats on the Internet.
Summary:This paper discusses key finding of the Assessment Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for Serbia. The assessment reveals that the transformation of Serbia's financial system is bringing important benefits, but there are emerging signs that the rapid pace of credit growth is beginning to erode financial stability. The main potential threat to financial stability is indirect credit risk arising from the large share of bank lending effectively denominated in foreign exchange.
Standard no.:10.5089/9781451887198.002