Tunisia: Financial System Stability Assessment Update

Volume/Issue: Volume 2006 Issue 448
Publication date: December 2006
ISBN: 9781451837902
$18.00
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Topics covered in this book

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Banks and Banking , ISCR , CR , central bank , interest rate , interbank market , credit risk , capital adequacy ratio , financial system , foreign currency , development bank , operating income , C , bank regulation , bank portfolio , credit policy , a number of bank , bank capital , credit portfolio , capital base , equity capital , bank board , bank assets , Loans , Nonperforming loans , Commercial banks , State-owned banks , Collateral

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Summary

From the 2002 Financial Sector Assessment Program (FSAP), a number of structural reforms have been carried out in the financial system. A number of measures have been taken in the regulatory, fiscal, and legal areas to improve credit quality and financial transparency. The stress test confirms the system's vulnerability to a sharp fall in real estate business. The banking sector plays a predominant role in financing the economy. New regulations requiring banks to strengthen credit evaluation and approval procedures are discussed. Measures have been taken to liberalize the capital account.