Brazil: Financial System Stability Assessment
International Monetary Fund, Jul 31, 2012 - Business & Economics - 64 pages
The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.
What people are saying - Write a review
We haven't found any reviews in the usual places.
II Financial Sector Risks and Resilience
III Financial Sector Oversight
IV Financial Sector Safety Nets
V Developmental Issues Consumer Protection Corporate Governance and Insolvency and Creditor Rights
Other editions - View all
accounting assessment Bank Bank Bank banking supervision BCB’s BNDES bonds Brazﬁ Brazil Brazilian banks Brazilian Household capital adequacy Capital Adequacy Ratio Colombia commodity prices contagion risk COREMEC corporate governance countercyclical credit growth credit risk Credit-to-GDP crisis CVTVI deposit enforcement equity exposures external debt ﬁnancial institutions ﬁnancial stability financial stress ﬁnancial system ﬁnancing Foreign controlled banks foreign exchange framework FSAP global recession Household Debt housing loans IMF staff impact implementation improved income inﬂows interest rate internal controls international standards investments issued Large banks liquid assets liquidity stress test macroprudential market liquidity market risk Medium banks mitigate monitoring mutual funds NPLs operational percent percentage point portfolios proﬁtability reﬂected regulation regulatory scenario signiﬁcant Simulation Small banks solvency Source South Korea speciﬁc Staff calculations strengthened stress tests Sudden Stop supervisory plan supervisory process SUSEP systemic risk tier 1 capital