Princeton University Library Catalog

Russian Federation [electronic resource] : Financial System Stability Assessment.

Author:
International Monetary Fund. Monetary and Capital Markets Department [Browse]
Format:
Book
Language:
English
Published/​Created:
[Washington, D.C.: International Monetary Fund, 2016]
Description:
1 online resource (50 p.)
Series:
IMF Staff Country Reports [More in this series]
Summary note:
This paper discusses key findings of the Financial System Stability Assessment of Russian Federation. The Russian banking system is weak and likely to need additional capital. Even in the baseline scenario, certain banks will need new capital owing to low profitability and increasing credit losses. The required resources increase in the stress scenarios, but remain manageable. Bank regulation and supervision have greatly improved in recent years, but there is more to be done. Key areas for improvement include related party lending, country and transfer risks, operational risks, and supervisory interactions with external auditors. In addition, the implementation of risk-based supervision is also in progress.
Source of description:
Description based on print version record.
ISBN:
1498363067 :
Doi:
  • 10.5089/9781498363068.002
Related name:
Other views:
Staff view