1.

Record Nr.

UNINA9910961802603321

Autore

Wezel Torsten

Titolo

Modernizing Bank Regulation in Support of Financial Deepening : : The Case of Uruguay / / Torsten Wezel, Mario Mansilla, Gustavo Adler

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844072

9781462309351

1462309356

9781452765198

1452765197

9781282844070

1282844075

9781451873467

1451873468

Edizione

[1st ed.]

Descrizione fisica

28 p. : ill

Collana

IMF Working Papers

Altri autori (Persone)

AdlerGustavo

MansillaMario

Disciplina

332.1;332.1028

Soggetti

Banks and banking - State supervision - Uruguay

Liquidity (Economics)

Banks and Banking

Banks and banking

Banks

Capital and Ownership Structure

Credit risk

Credit

Depository Institutions

Finance

Financial Institutions and Services: Government Policy and Regulation

Financial institutions

Financial regulation and supervision

Financial Risk and Risk Management

Financial risk management

Financial services law & regulation

Financing Policy

Goodwill

Industries: Financial Services

Liquidity requirements

Loan classification



Loans

Micro Finance Institutions

Monetary economics

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

Money and Monetary Policy

Money

Mortgages

State supervision

Value of Firms

Uruguay

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2009".

Nota di bibliografia

Includes bibliographic referferences.

Nota di contenuto

Intro -- CONTENTS -- I. Introduction -- II. Background -- III. Characteristics of the Uruguayan Credit Market -- A. General Developments in Bank Lending -- B. Bank Funding and Credit Allocation -- C. Currency and Maturity Structure -- D. Risks of a Sustained Credit Expansion -- IV. Prudential Regulation of the Uruguayan Banking Sector -- A. Overview of the Current Prudential Framework -- B. Evolution of Prudential Regulation Since the 2002-03 Crisis -- C. Loan Classification and Provisioning System -- D. Liquidity Requirements -- E. Other Issues -- V. Conclusions -- TABLES -- 1. Selected Financial  Soundness Indicators -- 2. Specific Loan Loss Provisions in Percent of Non-Performing Loans -- 3. Key Regulatory Norms -- 4. Description of Categories Used in the Loan Classification System -- 5. Provisioning Rates for Loan Categories in Latin American Countries -- 6. Prudential Regulation of Bank Liquidity in Latin American Countries -- FIGURES -- 1. Credit Growth -- 2. Contribution to Change in Credit to NF Private Sector -- 3. Credit Growth by Sector and Currency, April 2008 -- 4. Characteristics of Bank Lending -- 5. Breakdown of Lending by Sector -- 6. Currency and Maturity Structure, April 2008 -- 7. Public Versus Private Banks -- 8. Credit in Selected Latin American Economies, 2000-07 -- 9. Credit to the Non-Financial Sector, Non-Performing Loans and Loan Loss Provisions -- 10. Monthly Changes in Non-Performing Loans and Dynamic Provisions -- REFERENCES -- References.

Sommario/riassunto

This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified during the 2002-03 crisis, to align with international standards and, more recently, to deal with cyclical pressures resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and provisioning as well as liquidity requirements are reviewed and evaluated against best practices. The paper concludes that prudential regulation in Uruguay now generally conforms to high standards while also embracing innovative elements such as dynamic provisioning.