Philippines; Financial System Stability Assessment Update

This paper reviews the Financial System Stability Assessment Update on the Philippines. The assessment reveals that the banking sector has been strengthened considerably since the Asian crisis of the late 1990s and today appears generally resilient to a broad range of macroeconomic risks. The impact of the ongoing global crisis has been milder than originally feared, and the macroeconomic outlook is improving, although risks remain elevated in the near term. Considerable progress has been made toward implementing the recommendations of the initial Financial Sector Assessment Program, particularly in banking supervision.

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Year of publication:	2010-04-07
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Bank resolution \| Bank supervision \| Banking sector \| Combating the financing of terrorism \| Corporate sector \| Credit risk \| Deposit insurance \| Financial safety nets \| Nonbank financial sector \| banking \| housing finance \| foreign exchange \| capital adequacy \| bank secrecy \| banking system \| risk assessment \| risk-weighted assets \| bank assets \| risk management \| contingent liabilities \| bank portfolios \| market risk \| microinsurance \| risk profile \| banking supervision \| central banking \| bank derivatives \| deposit insurance coverage \| insurance coverage \| risk diversification \| bank capital \| insurance supervision \| supervisory agencies \| banking law \| risk of default \| nonperforming loan \| banking practices \| banking assets \| bank rehabilitation \| legal framework \| life insurance \| recapitalization \| banking systems \| counterparty risks \| contingency planning \| insurance system \| accounting standards \| claims processing \| bank exposures \| insurance supervisors \| financial reporting \| tier 1 capital \| bank asset \| return on assets \| capital market supervision \| bank safety nets \| conventional insurance \| bank soundness \| insurance companies \| bank profits \| bank secrecy act \| banks ? assets \| capital requirement \| self insurance \| underwriting \| bank secrecy law \| pension funds \| bank credit \| banking sector stability \| liquid asset \| bank clients \| bank records \| consolidated supervision \| unsound practices \| interbank market \| risk transfer \| supervisory regime \| bank restructuring \| bank asset quality \| bank activities \| bank balance sheets \| bank losses \| bank liquidity \| bank group \| banking industry \| price risk \| probability of default \| balance sheet effect \| insurance products \| liability insurance \| banks ? balance sheets \| bank earnings \| capital adequacy ratio \| sovereign risk \| reserve adequacy \| present value \| commissioners \| bank failures \| bank closure \| risk profiles \| moral hazard \| credit risk exposure \| capital requirements \| risk premium \| risk model \| bank distress \| bank official \| banking system safety nets \| bank safety \| arbitrage

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/90 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243302