Indonesia: Financial Sector Assessment Program-Financial System Stability Assessment

Indonesia: Financial Sector Assessment Program-Financial System Stability Assessment
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Volume/Issue: Volume 2024 Issue 272
Publication date: August 2024
ISBN: 9798400286438
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Economics- Macroeconomics , banks FX liquidity analysis , systemwide FX liquidity stress test , coverage ratio , bank FX liquidity stress test , banking sector , Financial sector stability , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Macroprudential policy , Commercial banks , Financial Sector Assessment Program , Global

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Summary

The financial system appears to be broadly resilient, has strong capital and liquidity buffers but remains relatively small and dominated by banks, especially few state-owned banks. Household and corporate indebtedness and public debt are low. The macroprudential policy framework features both financial stability and development objectives. The recently passed Financial Sector Omnibus Law (FSOL) will make notable reforms to the financial sector.

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