Republic of Mozambique : Financial System Stability Assessment Including Report on the Observance of Standards and Codes on the following topics: Banking Supervision, Payment Systems, and Anti-Money Laundering and Combating the Financing of Terrorism

1MOZEM0032004 Image
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Release Date: © March, 2004
ISBN : 978-1-45528-029-2
Stock #: 1MOZEM0032004

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Description

The Mozambican financial system has made remarkable progress from mono-banking to a full blown, market-based, financial system. Although Mozambican banks are generally profitable and well capitalized, they are exposed to significant credit risk. A number of reforms are needed to enhance the independence of the central bank, to ensure it has the financial means to conduct its monetary policy under a very low-inflation environment, and to improve banks' appetite for making new credits in the difficult Mozambiques lending environment.

Taxonomy

Anti-money laundering , Financial system stability assessment , International financial system




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