Senegal Financial System Stability Assessment Update. [electronic resource] :
- Washington, D.C. : International Monetary Fund, 2005.
- 1 online resource (24 p.)
- IMF Staff Country Reports, Country Report ; No. 05/126 .
- IMF Staff Country Reports, Country Report ; No. 05/126 .
This Financial System Stability Assessment Update on Senegal reports that the banking sector remains the cornerstone of the financial sector, and risk concentration remains the main source of vulnerability. The largest microfinance institutions (MFI) are sound, but smaller ones are weaker and need to be consolidated and better supervised. Commercial banks and large MFIs provide credit to small- and medium-sized enterprises, but their access to financial services suffers from asymmetries of information and flaws in the judicial system. The development of the regional capital market has not met expectations.
1451833970 : 15.00 USD
1934-7685
10.5089/9781451833973.002 doi
Administered Accounts
Bank Credit
Financial Sector
Financial Soundness Indicators
Financial System Stability Assessment
Senegal
This Financial System Stability Assessment Update on Senegal reports that the banking sector remains the cornerstone of the financial sector, and risk concentration remains the main source of vulnerability. The largest microfinance institutions (MFI) are sound, but smaller ones are weaker and need to be consolidated and better supervised. Commercial banks and large MFIs provide credit to small- and medium-sized enterprises, but their access to financial services suffers from asymmetries of information and flaws in the judicial system. The development of the regional capital market has not met expectations.
1451833970 : 15.00 USD
1934-7685
10.5089/9781451833973.002 doi
Administered Accounts
Bank Credit
Financial Sector
Financial Soundness Indicators
Financial System Stability Assessment
Senegal