International Monetary Fund (IMF)|
Sri Lanka: Financial System Stability Assessment- Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems
Public|
Printed: Yes
This paper is an update on the stability of Sri Lanka's financial system. The authors claims the near-term risks to the stability of the financial system seem managable. However, the country still faces challenges. The paper outlines key challenges that may hamper the nation's financial stability, including banks that are not resistant to interest rate and liquidity shocks, rapid credit growth, rising interest rates, and rigidities in inter-bank markets.
Report type
Partner Resources
Themes
Corporate Governance & Accountability Mechanisms
State owned Financial Institutions
Region
South Asia (SAR)
Country
Sri Lanka
