LEADER 04905oam 22012734 450 001 9910787354203321 005 20230803212640.0 010 $a1-4983-2719-2 010 $a1-4755-4036-1 035 $a(CKB)3710000000349757 035 $a(SSID)ssj0001440037 035 $a(PQKBManifestationID)11900703 035 $a(PQKBTitleCode)TC0001440037 035 $a(PQKBWorkID)11384877 035 $a(PQKB)11422949 035 $a(MiAaPQ)EBC1929331 035 $a(Au-PeEL)EBL1929331 035 $a(CaPaEBR)ebr11012104 035 $a(CaONFJC)MIL732262 035 $a(OCoLC)903974831 035 $a(IMF)1ZAFEA2014003 035 $a(EXLCZ)993710000000349757 100 $a20020129d2014 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aSouth Africa : $eFinancial System Stability Assessment 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2014. 215 $a1 online resource (105 pages) $cillustrations (chiefly color) 225 1 $aIMF Staff Country Reports 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-4843-7200-X 311 $a1-336-00980-2 330 3 $aThis paper discusses findings of the Financial System Stability Assessment for South Africa. South Africa?s financial sector operates in a challenging economic environment. Despite remarkable progress since the end of apartheid in 1994, South Africa still has one of the world?s highest unemployment and income inequality rates. Slow economic growth since 2008 has further aggravated unemployment, real disposable income is stagnant, and households are heavily indebted. Relatively high capital buffers as well as sound regulation and supervision have helped mitigate the risks. Stress tests confirm the capital resiliency of banks and insurance companies to severe shocks but illustrate a vulnerability to liquidity shortfalls. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2014/340 606 $aMonetary policy$zSouth Africa 606 $aFinance$zSouth Africa 606 $aFiscal policy$zSouth Africa 606 $aRisk management$zSouth Africa 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aIndustries: Financial Services$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aFinancial Institutions and Services: General$2imf 606 $aBanking$2imf 606 $aFinance$2imf 606 $aFinancial services law & regulation$2imf 606 $aInsurance companies$2imf 606 $aFinancial sector$2imf 606 $aStress testing$2imf 606 $aLiquidity requirements$2imf 606 $aFinancial institutions$2imf 606 $aFinancial services$2imf 606 $aNonbank financial institutions$2imf 606 $aFinancial sector policy and analysis$2imf 606 $aEconomic sectors$2imf 606 $aBanks and banking$2imf 606 $aFinancial services industry$2imf 606 $aFinancial risk management$2imf 606 $aState supervision$2imf 607 $aSouth Africa$2imf 615 0$aMonetary policy 615 0$aFinance 615 0$aFiscal policy 615 0$aRisk management 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aIndustries: Financial Services 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aFinancial Institutions and Services: General 615 7$aBanking 615 7$aFinance 615 7$aFinancial services law & regulation 615 7$aInsurance companies 615 7$aFinancial sector 615 7$aStress testing 615 7$aLiquidity requirements 615 7$aFinancial institutions 615 7$aFinancial services 615 7$aNonbank financial institutions 615 7$aFinancial sector policy and analysis 615 7$aEconomic sectors 615 7$aBanks and banking 615 7$aFinancial services industry 615 7$aFinancial risk management 615 7$aState supervision 801 0$bDcWaIMF 906 $aBOOK 912 $a9910787354203321 996 $aSouth Africa$9172791 997 $aUNINA