Algeria: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency and Banking Supervision
Volume/Issue:
Volume 2004
Issue 138
Publication date: May 2004
ISBN: 9781451811445
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Banks and Banking , Finance , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , amortizable bank restructuring bond , bank privatization , bank operating environment , bank screening , bank treasurer , bank shareholder , bank soundness , stabilization fund , bank liquidity , problems bank , banks in Algeria , generalist bank , State-owned banks , Liquidity , Credit , Public enterprises , Eastern Europe , Europe
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Summary
Algeria’s Financial System Stability Assessment highlights the Observance of Standards and Codes on monetary and financial policy transparency and banking supervision. Financial intermediation in Algeria will be bank-based in the future, and only politically difficult decisions to gradually sell state banks will eliminate the drag that current banking practices have on resource allocation. No system dominated by state banks has avoided large loan losses or contributed effectively to economic development.
