1.

Record Nr.

UNINA9910822786203321

Autore

Blavy Rodolphe

Titolo

Assessing Banking Sector Soundness in a Long-Term Framework : : The Case of Venezuela / / Rodolphe Blavy

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-6896-4

1-4527-3096-2

1-282-61965-9

9786613822765

1-4519-0938-1

Edizione

[1st ed.]

Descrizione fisica

1 online resource (33 p.)

Collana

IMF Working Papers

Soggetti

Banks and banking - Venezuela

Financial institutions - Venezuela

Banks and Banking

Money and Monetary Policy

Industries: Financial Services

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Financial Institutions and Services: Government Policy and Regulation

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Banking

Financial services law & regulation

Monetary economics

Finance

Commercial banks

Capital adequacy requirements

Credit

Nonperforming loans

Banks and banking

Asset requirements

Loans

Venezuela, República Bolivariana de



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2006."

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE FRAMEWORK FOR ASSESSING THE BANKING SECTOR: LONG-TERM TRENDS AND SHORT- TERM DEVELOPMENTS""; ""III. ASSESSING THE SOUNDNESS OF THE BANKING SECTOR""; ""IV. SUMMARY AND CONCLUSION""; ""BIBLIOGRAPHY""

Sommario/riassunto

This paper combines financial soundness indicators (FSIs) and stress-testing methodologies to provide a broad assessment of the soundness of Venezuela's banking sector, based on a diagnosis of its structural and transient shortcomings. While the Venezuelan banking sector appears sound under current favorable economic conditions, it remains significantly vulnerable to cyclical downturns-which have been severe in the past. Banks are particularly exposed to interest rate and credit risks. This suggests that the strong FSIs may be partly the result of a conjunctural credit boom in the context of capital controls and very low real interest rates.