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

• Autore: Wezel Torsten
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
• Edizione: 1st ed.
• Descrizione fisica: 28 p. : ill
• Disciplina: 332.1;332.1028
• Soggetto topico: 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
• Soggetto geografico: Uruguay
• Altri autori: AdlerGustavo MansillaMario
• 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.
• Titolo autorizzato: Modernizing Bank Regulation in Support of Financial Deepening
• ISBN: 9786612844072; 9781462309351; 1462309356; 9781452765198; 1452765197; 9781282844070; 1282844075; 9781451873467; 1451873468
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910961802603321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2009/199