TY  - BOOK
AU  - Blavy,Rodolphe
TI  - Assessing Banking Sector Soundness in a Long-Term Framework: The Case of Venezuela 
T2  - IMF Working Papers; Working Paper
SN  - 145186485X :
SN  - 1018-5941
PY  - 2006///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking
KW  - imf
KW  - Capital Adequacy Ratio
KW  - Capital Adequacy
KW  - Financial Institutions and Services: Government Policy and Regulation
KW  - Financial Markets and the Macroeconomy
KW  - Financial Soundness
KW  - Venezuela
KW  - Venezuela, República Bolivariana de
N2  - 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
UR  - http://elibrary.imf.org/view/IMF001/00431-9781451864854/00431-9781451864854/00431-9781451864854.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451864854
ER  -