Franklin

Benin [electronic resource] : Selected Issues / International Monetary Fund. African Dept.

Author/Creator:
International Monetary Fund. African Department.
Publication:
Washington, D.C. : International Monetary Fund, 2016.
Series:
IMF eLibrary
IMF Staff Country Reports
IMF Staff Country Reports
Format/Description:
Government document
Book
1 online resource (25 p.)
Summary:
This Selected Issues paper reviews the vulnerability and risks associated with Benin's banking sector. Banks in Benin show significant vulnerabilities. Although financial soundness indicators do not present immediate stability concern, the quality of banks' loan portfolio is low and has constrained credit to the private sector. Stress tests confirm that credit risk is of particular concern. Structural impediments are at the root of these risks, including problems with property titles, information asymmetries, and the weak judiciary, which complicates contract enforcement. Structural reforms and a re-calibration of fiscal policies to reduce the government's lending needs are necessary to mitigate these risks over time.
Notes:
Part of the IMF eLibrary collection.
Description based on print version record.
Contributor:
International Monetary Fund. African Department.
Other format:
Print Version: Benin : Selected Issues.
ISBN:
1513571389
9781513571386
ISSN:
1934-7685
Publisher Number:
10.5089/9781513571386.002 doi
Access Restriction:
Restricted for use by site license.
Loading...
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy