1.

Record Nr.

UNINA9910162924203321

Titolo

Lebanon : : Financial System Stability Assessment

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7083-X

1-4755-7085-6

Descrizione fisica

1 online resource (71 pages) : illustrations (some color), graphs, tables

Collana

IMF Staff Country Reports

Disciplina

657.3

Soggetti

Financial statements

Banks and Banking

Finance: General

Industries: Financial Services

Criminology

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

General Financial Markets: Government Policy and Regulation

Financial Institutions and Services: Government Policy and Regulation

Illegal Behavior and the Enforcement of Law

Banking

Finance

Corporate crime

white-collar crime

Financial sector stability

Financial services

Commercial banks

Anti-money laundering and combating the financing of terrorism (AML/CFT)

Financial sector policy and analysis

Loans

Financial institutions

Crime

Banks and banking

Financial services industry

Money laundering

Lebanon



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This paper discusses findings of the assessment of Lebanon’s financial system. Lebanon has maintained financial stability for the last quarter century during repeated shocks and challenges. Over time, macroeconomic and financial vulnerabilities have accumulated. Although central bank policies have helped to maintain confidence, fiscal adjustment is needed to reduce risks to financial stability. The banking system has thus far proven resilient to domestic shocks and regional turmoil, but the materialization of severe shocks could expose vulnerabilities. Significant progress has been made to further strengthen Lebanon’s financial integrity framework, with some scope for improvement remaining.