Philippines: Financial Soundness Indicators

Financial Soundness Indicators

Volume/Issue: Volume 2021 Issue 247

Publication date: November 2021

ISBN: 9781557754332

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Money and Monetary Policy , Public Finance , International - Economics , IMF's Statistics Department , unit investment trust fund , FSI data , staff team of the International Monetary Fund , Statistics Department of the IMF , Financial soundness indicators , Insurance companies , Nonbank financial institutions , Data collection , Pension spending , Global

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Summary

With the support of the IMF’s Asia and Pacific Department (APD) and the Bangko Sentral ng Pilipinas (BSP), an IMF Statistics Department (STA)’s remote financial soundness indicators (FSIs) technical assistance (TA) mission took place during April 30–May 14, 2021. The main objective of the mission was to assist the BSP in compiling FSI for the other financial corporations (OFCs) sector, in line with the 2019 Financial Soundness Indicators Compilation Guide (Guide). Specifically, the Guide recommends compiling indicators for money market funds, insurance corporations, and pension funds, as well as for the total OFC sector. The work of the mission was facilitated by the excellent collaboration of BSP’s staff, in particular of the Department of Economic Statistics (DES). The list of officials met during the mission can be found in Appendix I.