Publication:
Dealing with Weak Banks in FinSAC Countries: Progress and Challenges Ahead

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-07-23T14:41:37Z
dc.date.available2024-07-23T14:41:37Z
dc.date.issued2024-07-23
dc.description.abstractA sound banking crisis management framework is paramount to the financial stability of FinSAC’s client countries, especially during systemic crisis scenarios. This paper discusses the key features of FinSAC’s client countries’ financial systems, takes stock of the reforms undertaken during the last decade, while also identifying and explaining individual and systemic banking crises in the broader ECA region. It focuses particularly on preparedness for systemic scenarios, including the key challenges of deploying the bank resolution tools considering the structural features of these countries’ financial systems. The paper makes recommendations to the policymakers of FinSAC client countries, including (i) continuously strengthening their recovery and resolution planning frameworks, by focusing on operationalization, (ii) enhancing their resolution regimes, including by determining a sound and effective burden sharing model, (iii) strengthening their lender of last resort functions, ensuring the provision of liquidity to solvent, yet illiquid banks and (iv) focusing on crisis preparedness. Nonetheless, authorities from other developing countries may also find these recommendations useful.en
dc.identifierhttp://documents.worldbank.org/curated/en/099062524122038370/P1437451529f3407e1a1bc1bd008f335d16
dc.identifier.doi10.1596/41930
dc.identifier.urihttps://hdl.handle.net/10986/41930
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectFINANCIAL INCLUSION AND SAVINGS
dc.subjectFINANCIAL CRISIS PREPAREDNESS
dc.subjectFINANCIAL DISCLOSURE
dc.subjectFINANCE AND GROWTH
dc.subjectBANK ASSET QUALITY
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.titleDealing with Weak Banks in FinSAC Countriesen
dc.title.subtitleProgress and Challenges Aheaden
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleDealing with Weak Banks in FinSAC Countries: Progress and Challenges Ahead
okr.date.disclosure2024-06-23
okr.date.lastmodified2024-06-25T00:00:00Zen
okr.doctypeEconomic & Sector Work::Other Financial Sector Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099062524122038370/P1437451529f3407e1a1bc1bd008f335d16
okr.guid099062524122038370
okr.identifier.docmidP143745-529f3474-cc5a-4a7e-a1bc-bd008f335d16
okr.identifier.doihttps://doi.org/10.1596/41930
okr.identifier.externaldocumentum34349430
okr.identifier.internaldocumentum34349430
okr.identifier.report191846
okr.import.id4887
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099062524122038370/pdf/P1437451529f3407e1a1bc1bd008f335d16.pdfen
okr.region.geographicalEurope and Central Asia
okr.sectorOther Non-bank Financial Institutions,Banking Institutions
okr.themeFinancial Infrastructure and Access,Financial Stability,Financial inclusion,Finance,Private Sector Development,Regulation and Competition Policy,Business Enabling Environment,Financial Sector Integrity,Financial Sector oversight and policy/banking regulation & restructuring
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicFinance and Financial Sector Development::Financial Structures
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.unitEFI-ECA-FCI-Finance-2 (EECF2)
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