FYR Macedonia : Financial Sector Assessment

This Financial Sector Assessment (FSA) provides a summary of the main findings and recommendations of the joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) update team that visited Macedonia from March 26...

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Bibliographic Details
Main Author: World Bank
Format: Financial Sector Assessment Program (FSAP)
Language:English
Published: Washington, DC 2012
Subjects:
IPO
TAX
Online Access:http://documents.worldbank.org/curated/en/2008/11/10038420/fyr-macedonia-financial-sector-assessment
http://hdl.handle.net/10986/8053
id okr-10986-8053
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTING
ACCOUNTING STANDARDS
AUCTION
AUCTIONS
BANK CREDIT
BANK DEPOSITS
BANK REGULATION
BANK SUPERVISION
BANKING ASSETS
BANKING LAW
BANKING REGULATIONS
BANKING SECTOR
BANKING SECTOR ASSETS
BANKING SYSTEM
BOND MARKET
BOND MARKET DEVELOPMENT
BONDS
BROKERAGE
BROKERAGE HOUSES
CAPACITY BUILDING
CAPITAL ADEQUACY
CAPITAL MARKET
CAPITAL MARKET INFRASTRUCTURE
CAPITAL MARKETS
CASH BALANCES
CENTRAL BANK
CENTRAL BANKS
CENTRAL SECURITIES DEPOSITORY
CLEARING HOUSE
CLEARING HOUSES
COLLATERAL
COLLECTIVE INVESTMENT
COMMERCIAL BANK
COMMERCIAL BANKS
CONSUMER PROTECTION
CONTINGENCY PLANNING
CORPORATE BOND
CORPORATE GOVERNANCE
CORPORATE INVESTORS
CREDIBILITY
CREDIT BUREAU
CREDIT CARDS
CREDIT GROWTH
CREDIT INFORMATION
CREDIT MARKETS
CREDIT RISK
CREDIT SCORING
CURRENCY
CURRENCY RISKS
CURRENT ACCOUNT DEFICIT
CUSTODY
DEBT
DEBT MANAGEMENT
DEBT MANAGEMENT POLICY
DEBT SERVICE
DEPOSIT
DEPOSIT INSURANCE
DEPOSITORS
DEPOSITS
DISPUTE RESOLUTION
DOMESTIC CURRENCY
ELECTRONIC BANKING
EQUITIES
EQUITY FUNDS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EQUITY MARKETS
EXCHANGE COMMISSION
EXCHANGE RATE
EXPORT GROWTH
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTIONS
FINANCIAL RISK
FINANCIAL STABILITY
FINANCIAL STATEMENTS
FINANCIAL SYSTEM
FOREIGN BANKS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN EQUITIES
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISK
FOREIGN INFLOWS
FOREIGN INSTRUMENTS
FOREIGN INVESTORS
FORM OF COLLATERAL
FRAMEWORK FOR SECURITIES
GOVERNMENT BOND
GOVERNMENT BOND MARKET
GOVERNMENT BOND MARKETS
GOVERNMENT BONDS
GOVERNMENT SECURITIES
GOVERNMENT SECURITIES MARKET
GROSS SETTLEMENT SYSTEM
HUMAN RESOURCES
INDEBTEDNESS
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INITIAL PUBLIC OFFERING
INSTITUTIONAL CAPACITY
INSTITUTIONAL INVESTOR
INSURANCE
INSURANCE COMPANIES
INSURANCE INDUSTRY
INSURANCE MARKET
INTEREST RATE
INTEREST RATE RISK
INTEREST RATE SPREADS
INTERNATIONAL STANDARDS
INVESTMENT FUNDS
INVESTMENT INSTITUTIONS
INVESTOR BASE
INVESTOR PROTECTION
IPO
ISSUANCE
JOINT STOCK COMPANIES
JOINT STOCK COMPANY
LACK OF COMPETITION
LEGAL AUTHORITY
LEGAL FRAMEWORK
LEGAL PROTECTION
LENDER
LENDER OF LAST RESORT
LENDER-OF-LAST-RESORT
LIABILITY
LIFE INSURANCE
LIQUID ASSETS
LIQUID SECONDARY MARKET
LIQUIDITY
LIQUIDITY MANAGEMENT
LIQUIDITY RISK
LIQUIDITY RISKS
LOCAL CURRENCY
LOCAL MARKETS
MACROECONOMIC CONDITIONS
MARKET CAPITALIZATION
MARKET CONCENTRATION
MARKET INDEX
MARKET LIQUIDITY
MARKET RISK
MARKET SHARE
MARKET VALUE
MATURITY
MINIMUM CAPITAL REQUIREMENTS
MONETARY POLICY
MONEY MARKET
MONEY MARKET RATE
MORTGAGE
MORTGAGE BONDS
NATIONAL BANK
NON PERFORMING LOAN
NONPERFORMING LOANS
OUTSTANDING STOCK
OVERDRAFT FACILITIES
OWNERSHIP STRUCTURE
PAYMENT SYSTEM
PAYMENT SYSTEMS
PENSION
PENSION FUND
PENSION FUNDS
PENSION SYSTEM
PENSIONS
PLEDGE COLLATERAL
PORTFOLIO
PORTFOLIOS
PRICE DISCOVERY
PRICE STABILITY
PRIMARY DEALERS
PRIVATE CREDIT
PRIVATE CREDIT BUREAU
PRIVATE EQUITY
PRUDENTIAL REGULATION
REGISTRATION SYSTEM
REGULATORY FRAMEWORK
REMITTANCES
REPO
REPO AUCTIONS
RESERVES
RETURNS
RISK EXPOSURES
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
SAFETY NET
SAFETY NETS
SECONDARY MARKET
SECONDARY MARKET DEVELOPMENT
SECURITIES
SECURITIES DEALERS
SECURITIES EXCHANGE
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATION
SETTLEMENT
SETTLEMENT FACILITIES
SETTLEMENT SERVICE
SETTLEMENT SYSTEMS
SHARE OF CREDIT
SHAREHOLDERS
STOCK EXCHANGE
STRATEGIC INVESTORS
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY POWERS
T-BILLS
TAX
TERRORISM
TRADING
TRADING SYSTEM
TRANSITION ECONOMIES
TRANSPARENCY
TREASURY
TREASURY SECURITIES
TURNOVER
VALUE PAYMENT SYSTEM
YIELD CURVE
spellingShingle ACCOUNTING
ACCOUNTING STANDARDS
AUCTION
AUCTIONS
BANK CREDIT
BANK DEPOSITS
BANK REGULATION
BANK SUPERVISION
BANKING ASSETS
BANKING LAW
BANKING REGULATIONS
BANKING SECTOR
BANKING SECTOR ASSETS
BANKING SYSTEM
BOND MARKET
BOND MARKET DEVELOPMENT
BONDS
BROKERAGE
BROKERAGE HOUSES
CAPACITY BUILDING
CAPITAL ADEQUACY
CAPITAL MARKET
CAPITAL MARKET INFRASTRUCTURE
CAPITAL MARKETS
CASH BALANCES
CENTRAL BANK
CENTRAL BANKS
CENTRAL SECURITIES DEPOSITORY
CLEARING HOUSE
CLEARING HOUSES
COLLATERAL
COLLECTIVE INVESTMENT
COMMERCIAL BANK
COMMERCIAL BANKS
CONSUMER PROTECTION
CONTINGENCY PLANNING
CORPORATE BOND
CORPORATE GOVERNANCE
CORPORATE INVESTORS
CREDIBILITY
CREDIT BUREAU
CREDIT CARDS
CREDIT GROWTH
CREDIT INFORMATION
CREDIT MARKETS
CREDIT RISK
CREDIT SCORING
CURRENCY
CURRENCY RISKS
CURRENT ACCOUNT DEFICIT
CUSTODY
DEBT
DEBT MANAGEMENT
DEBT MANAGEMENT POLICY
DEBT SERVICE
DEPOSIT
DEPOSIT INSURANCE
DEPOSITORS
DEPOSITS
DISPUTE RESOLUTION
DOMESTIC CURRENCY
ELECTRONIC BANKING
EQUITIES
EQUITY FUNDS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EQUITY MARKETS
EXCHANGE COMMISSION
EXCHANGE RATE
EXPORT GROWTH
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTIONS
FINANCIAL RISK
FINANCIAL STABILITY
FINANCIAL STATEMENTS
FINANCIAL SYSTEM
FOREIGN BANKS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN EQUITIES
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISK
FOREIGN INFLOWS
FOREIGN INSTRUMENTS
FOREIGN INVESTORS
FORM OF COLLATERAL
FRAMEWORK FOR SECURITIES
GOVERNMENT BOND
GOVERNMENT BOND MARKET
GOVERNMENT BOND MARKETS
GOVERNMENT BONDS
GOVERNMENT SECURITIES
GOVERNMENT SECURITIES MARKET
GROSS SETTLEMENT SYSTEM
HUMAN RESOURCES
INDEBTEDNESS
INFLATION
INFLATIONARY PRESSURES
INFORMATION SYSTEM
INITIAL PUBLIC OFFERING
INSTITUTIONAL CAPACITY
INSTITUTIONAL INVESTOR
INSURANCE
INSURANCE COMPANIES
INSURANCE INDUSTRY
INSURANCE MARKET
INTEREST RATE
INTEREST RATE RISK
INTEREST RATE SPREADS
INTERNATIONAL STANDARDS
INVESTMENT FUNDS
INVESTMENT INSTITUTIONS
INVESTOR BASE
INVESTOR PROTECTION
IPO
ISSUANCE
JOINT STOCK COMPANIES
JOINT STOCK COMPANY
LACK OF COMPETITION
LEGAL AUTHORITY
LEGAL FRAMEWORK
LEGAL PROTECTION
LENDER
LENDER OF LAST RESORT
LENDER-OF-LAST-RESORT
LIABILITY
LIFE INSURANCE
LIQUID ASSETS
LIQUID SECONDARY MARKET
LIQUIDITY
LIQUIDITY MANAGEMENT
LIQUIDITY RISK
LIQUIDITY RISKS
LOCAL CURRENCY
LOCAL MARKETS
MACROECONOMIC CONDITIONS
MARKET CAPITALIZATION
MARKET CONCENTRATION
MARKET INDEX
MARKET LIQUIDITY
MARKET RISK
MARKET SHARE
MARKET VALUE
MATURITY
MINIMUM CAPITAL REQUIREMENTS
MONETARY POLICY
MONEY MARKET
MONEY MARKET RATE
MORTGAGE
MORTGAGE BONDS
NATIONAL BANK
NON PERFORMING LOAN
NONPERFORMING LOANS
OUTSTANDING STOCK
OVERDRAFT FACILITIES
OWNERSHIP STRUCTURE
PAYMENT SYSTEM
PAYMENT SYSTEMS
PENSION
PENSION FUND
PENSION FUNDS
PENSION SYSTEM
PENSIONS
PLEDGE COLLATERAL
PORTFOLIO
PORTFOLIOS
PRICE DISCOVERY
PRICE STABILITY
PRIMARY DEALERS
PRIVATE CREDIT
PRIVATE CREDIT BUREAU
PRIVATE EQUITY
PRUDENTIAL REGULATION
REGISTRATION SYSTEM
REGULATORY FRAMEWORK
REMITTANCES
REPO
REPO AUCTIONS
RESERVES
RETURNS
RISK EXPOSURES
RISK MANAGEMENT
RISK MANAGEMENT TOOLS
SAFETY NET
SAFETY NETS
SECONDARY MARKET
SECONDARY MARKET DEVELOPMENT
SECURITIES
SECURITIES DEALERS
SECURITIES EXCHANGE
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATION
SETTLEMENT
SETTLEMENT FACILITIES
SETTLEMENT SERVICE
SETTLEMENT SYSTEMS
SHARE OF CREDIT
SHAREHOLDERS
STOCK EXCHANGE
STRATEGIC INVESTORS
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY POWERS
T-BILLS
TAX
TERRORISM
TRADING
TRADING SYSTEM
TRANSITION ECONOMIES
TRANSPARENCY
TREASURY
TREASURY SECURITIES
TURNOVER
VALUE PAYMENT SYSTEM
YIELD CURVE
World Bank
FYR Macedonia : Financial Sector Assessment
geographic_facet Europe and Central Asia
Macedonia, former Yugoslav Republic of
North Macedonia (Formerly the Former Yugoslav Republic of Macedonia)
description This Financial Sector Assessment (FSA) provides a summary of the main findings and recommendations of the joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) update team that visited Macedonia from March 26 to April 8, 2008. The principal objective of the FSAP update was to assist the authorities in evaluating development progress and future challenges and assessing the potential vulnerabilities of the financial system in Macedonia. In addition to the aide memoire summarizing the key findings, six technical notes (TN) were prepared, including an update of compliance with the Basel core principles for banking supervision and TNs on stress testing, the financial safety net, securities markets, the insurance sector, and the pension sector.
format Economic & Sector Work :: Financial Sector Assessment Program (FSAP)
author World Bank
author_facet World Bank
author_sort World Bank
title FYR Macedonia : Financial Sector Assessment
title_short FYR Macedonia : Financial Sector Assessment
title_full FYR Macedonia : Financial Sector Assessment
title_fullStr FYR Macedonia : Financial Sector Assessment
title_full_unstemmed FYR Macedonia : Financial Sector Assessment
title_sort fyr macedonia : financial sector assessment
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/11/10038420/fyr-macedonia-financial-sector-assessment
http://hdl.handle.net/10986/8053
_version_ 1764402896306176000
spelling okr-10986-80532021-04-23T14:02:35Z FYR Macedonia : Financial Sector Assessment World Bank ACCOUNTING ACCOUNTING STANDARDS AUCTION AUCTIONS BANK CREDIT BANK DEPOSITS BANK REGULATION BANK SUPERVISION BANKING ASSETS BANKING LAW BANKING REGULATIONS BANKING SECTOR BANKING SECTOR ASSETS BANKING SYSTEM BOND MARKET BOND MARKET DEVELOPMENT BONDS BROKERAGE BROKERAGE HOUSES CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET INFRASTRUCTURE CAPITAL MARKETS CASH BALANCES CENTRAL BANK CENTRAL BANKS CENTRAL SECURITIES DEPOSITORY CLEARING HOUSE CLEARING HOUSES COLLATERAL COLLECTIVE INVESTMENT COMMERCIAL BANK COMMERCIAL BANKS CONSUMER PROTECTION CONTINGENCY PLANNING CORPORATE BOND CORPORATE GOVERNANCE CORPORATE INVESTORS CREDIBILITY CREDIT BUREAU CREDIT CARDS CREDIT GROWTH CREDIT INFORMATION CREDIT MARKETS CREDIT RISK CREDIT SCORING CURRENCY CURRENCY RISKS CURRENT ACCOUNT DEFICIT CUSTODY DEBT DEBT MANAGEMENT DEBT MANAGEMENT POLICY DEBT SERVICE DEPOSIT DEPOSIT INSURANCE DEPOSITORS DEPOSITS DISPUTE RESOLUTION DOMESTIC CURRENCY ELECTRONIC BANKING EQUITIES EQUITY FUNDS EQUITY MARKET EQUITY MARKET DEVELOPMENT EQUITY MARKETS EXCHANGE COMMISSION EXCHANGE RATE EXPORT GROWTH FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL RISK FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FOREIGN BANKS FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN EQUITIES FOREIGN EXCHANGE FOREIGN EXCHANGE RISK FOREIGN INFLOWS FOREIGN INSTRUMENTS FOREIGN INVESTORS FORM OF COLLATERAL FRAMEWORK FOR SECURITIES GOVERNMENT BOND GOVERNMENT BOND MARKET GOVERNMENT BOND MARKETS GOVERNMENT BONDS GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKET GROSS SETTLEMENT SYSTEM HUMAN RESOURCES INDEBTEDNESS INFLATION INFLATIONARY PRESSURES INFORMATION SYSTEM INITIAL PUBLIC OFFERING INSTITUTIONAL CAPACITY INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE MARKET INTEREST RATE INTEREST RATE RISK INTEREST RATE SPREADS INTERNATIONAL STANDARDS INVESTMENT FUNDS INVESTMENT INSTITUTIONS INVESTOR BASE INVESTOR PROTECTION IPO ISSUANCE JOINT STOCK COMPANIES JOINT STOCK COMPANY LACK OF COMPETITION LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL PROTECTION LENDER LENDER OF LAST RESORT LENDER-OF-LAST-RESORT LIABILITY LIFE INSURANCE LIQUID ASSETS LIQUID SECONDARY MARKET LIQUIDITY LIQUIDITY MANAGEMENT LIQUIDITY RISK LIQUIDITY RISKS LOCAL CURRENCY LOCAL MARKETS MACROECONOMIC CONDITIONS MARKET CAPITALIZATION MARKET CONCENTRATION MARKET INDEX MARKET LIQUIDITY MARKET RISK MARKET SHARE MARKET VALUE MATURITY MINIMUM CAPITAL REQUIREMENTS MONETARY POLICY MONEY MARKET MONEY MARKET RATE MORTGAGE MORTGAGE BONDS NATIONAL BANK NON PERFORMING LOAN NONPERFORMING LOANS OUTSTANDING STOCK OVERDRAFT FACILITIES OWNERSHIP STRUCTURE PAYMENT SYSTEM PAYMENT SYSTEMS PENSION PENSION FUND PENSION FUNDS PENSION SYSTEM PENSIONS PLEDGE COLLATERAL PORTFOLIO PORTFOLIOS PRICE DISCOVERY PRICE STABILITY PRIMARY DEALERS PRIVATE CREDIT PRIVATE CREDIT BUREAU PRIVATE EQUITY PRUDENTIAL REGULATION REGISTRATION SYSTEM REGULATORY FRAMEWORK REMITTANCES REPO REPO AUCTIONS RESERVES RETURNS RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT TOOLS SAFETY NET SAFETY NETS SECONDARY MARKET SECONDARY MARKET DEVELOPMENT SECURITIES SECURITIES DEALERS SECURITIES EXCHANGE SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATION SETTLEMENT SETTLEMENT FACILITIES SETTLEMENT SERVICE SETTLEMENT SYSTEMS SHARE OF CREDIT SHAREHOLDERS STOCK EXCHANGE STRATEGIC INVESTORS SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITY SUPERVISORY POWERS T-BILLS TAX TERRORISM TRADING TRADING SYSTEM TRANSITION ECONOMIES TRANSPARENCY TREASURY TREASURY SECURITIES TURNOVER VALUE PAYMENT SYSTEM YIELD CURVE This Financial Sector Assessment (FSA) provides a summary of the main findings and recommendations of the joint International Monetary Fund (IMF)-World Bank Financial Sector Assessment Program (FSAP) update team that visited Macedonia from March 26 to April 8, 2008. The principal objective of the FSAP update was to assist the authorities in evaluating development progress and future challenges and assessing the potential vulnerabilities of the financial system in Macedonia. In addition to the aide memoire summarizing the key findings, six technical notes (TN) were prepared, including an update of compliance with the Basel core principles for banking supervision and TNs on stress testing, the financial safety net, securities markets, the insurance sector, and the pension sector. 2012-06-14T18:25:42Z 2012-06-14T18:25:42Z 2008-11 http://documents.worldbank.org/curated/en/2008/11/10038420/fyr-macedonia-financial-sector-assessment http://hdl.handle.net/10986/8053 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Europe and Central Asia Macedonia, former Yugoslav Republic of North Macedonia (Formerly the Former Yugoslav Republic of Macedonia)