Financial Sector Assessment : Uruguay

Uruguay suffered a severe banking and currency crisis in 2002 from the spillover of Argentina's crisis. The crisis highlighted important underlying weaknesses of the Uruguayan financial sector, many of which were already well known. This Financial Sector Assessment summarizes the findings of a joint International Monetary Fund/World Bank Financial Sector Assessment Program (FSAP) team that visited Montevideo in October 2005 and January-February 2006. The purpose of the assessment was to help the authorities identify financial system strengths and weaknesses with a view to implementing an action plan to increase the system's contribution to economic development. The FSAP assessment is based on information provided by the authorities at the time of the missions.

Bibliographic Details

Main Author:	World Bank
Format:	Financial Sector Assessment Program (FSAP) biblioteca
Language:	English en_US
Published:	Washington, DC 2006-08
Subjects:	ACCOUNTING, ACTIVE DEBT, AMORTIZATION, ASSET DIVERSIFICATION, ASSET QUALITY, ASSET RATIO, BANK ASSETS, BANK DEBT, BANK DEPOSITS, BANK LENDING, BANK LOANS, BANK REGULATION, BANKING CRISIS, BANKING SECTOR, BANKING SYSTEM, BANKRUPTCY, BANKRUPTCY PROCEDURES, BROKERS, CAPITAL ADEQUACY, CAPITAL GAINS, CAPITAL LOSSES, CAPITAL MARKET, CAPITAL MARKET LAW, CAPITAL MARKETS DEVELOPMENT, CAPITALIZATION, CENTRAL BANK, COLLATERAL, COMMERCIAL BANK, COMMERCIAL BANK ASSETS, COMMERCIAL PAPER, COMMERCIAL PAPER ISSUES, COMMERCIAL PAPER MARKET, COMMERCIAL TERMS, CONSUMER CREDIT, CONSUMER LOANS, CONTINGENT LIABILITIES, CONTINGENT LIABILITY, CORPORATE BOND MARKET, CORPORATE BONDS, CORPORATE DEBT, CORPORATE GOVERNANCE, CORPORATE SECURITIES, CREDIT BUREAU, CREDIT CARD, CREDIT CARDS, CREDIT CULTURE, CREDIT ENHANCEMENTS, CREDIT QUALITY, CREDIT RISK, CREDIT RISKS, CREDIT SYSTEMS, CREDITORS, CURRENCY, CURRENCY BOARD, CURRENCY CRISIS, CURRENCY MISMATCH, CUSTODY, CUSTODY ARRANGEMENTS, DEBENTURES, DEBT EXCHANGE, DEBT ISSUANCE, DEBT LEVELS, DEBT MANAGEMENT, DEBT RATIOS, DEBT RESTRUCTURING, DEBT SERVICE, DEBT-EQUITY, DEBTS, DEFAULTERS, DEFICITS, DEPOSIT, DEPOSIT INSURANCE, DEPOSITS, DERIVATIVE, DERIVATIVE TRANSACTIONS, DOMESTIC BANKS, DOMESTIC CORPORATE BOND, ECONOMIC DEVELOPMENT, EQUITY MARKET, EQUITY MARKET CAPITALIZATION, EXCESS SUPPLY, EXCHANGE RATE, EXCHANGE RATES, EXPORT GROWTH, EXTERNAL DEBT, FINANCIAL DEVELOPMENT, FINANCIAL INFRASTRUCTURE, FINANCIAL MARKET, FINANCIAL MARKETS, FINANCIAL RISKS, FINANCIAL STRUCTURE, FINANCIAL SYSTEM, FISCAL DISCIPLINE, FORECLOSURE, FOREIGN BANKS, FOREIGN CURRENCY, FOREIGN CURRENCY DEBT, FOREIGN CURRENCY LOANS, FOREIGN EXCHANGE, FOREIGN INTEREST, FRAMEWORK FOR SECURITIES, FRAUD, GOVERNANCE ISSUES, GOVERNMENT DEBT, GOVERNMENT GUARANTEE, GOVERNMENT GUARANTEES, GOVERNMENT LENDING, GOVERNMENT POLICY, GOVERNMENT SUPPORT, HEDGES, HOLDINGS, HOUSING FINANCE, IMPLICIT GOVERNMENT GUARANTEES, IMPLICIT GUARANTEES, INFLATION, INSTRUMENT, INSURANCE, INSURANCE COMPANIES, INSURANCE COMPANY, INSURANCE PRODUCTS, INTEREST RATES, INTERNATIONAL CAPITAL, INTERNATIONAL CAPITAL MARKETS, INTERNATIONAL DEBT, INTERNATIONAL DEBT MARKETS, INTERNATIONAL FINANCIAL INSTITUTIONS, INVESTMENT REGULATIONS, INVESTOR CONFIDENCE, INVESTOR PROTECTION, ISSUANCE, LABOR MARKET, LACK OF TRANSPARENCY, LEGAL ENVIRONMENT, LEGAL FRAMEWORK, LEGAL MONOPOLY, LEGAL OBLIGATION, LEGAL RIGHTS, LEVEL PLAYING FIELD, LIEN, LIENS, LIFE INSURANCE, LIFE INSURANCE POLICIES, LIFE INSURANCE PRODUCT, LIQUID ASSET, LIQUID ASSETS, LIQUIDATION, LIQUIDITY, LIQUIDITY PROBLEMS, LIQUIDITY RISKS, LOAN, LOCAL BANKS, LOCAL CURRENCY, LOCAL MARKET, LOCAL MARKETS, LONG-TERM RESOURCES, MACROECONOMIC POLICIES, MACROECONOMIC STABILITY, MARKET ACCESS, MARKET CONCENTRATION, MARKET DEVELOPMENT, MARKET INFRASTRUCTURE, MARKET INSTRUMENTS, MARKET PRICES, MATURITIES, MATURITY, MORTGAGE, MORTGAGE INTEREST, MORTGAGE INTEREST RATES, MORTGAGE MARKET, MORTGAGES, NONPAYMENT, NONPERFORMING LOANS, OUTSTANDING AMOUNT, PAYMENT SYSTEMS, PENSION, PENSION FUNDS, PENSION SYSTEM, PENSIONS, PORTFOLIO, PORTFOLIO INVESTMENTS, PORTFOLIOS, PRIVATE BANK, PRIVATE BANKS, PRIVATE LENDERS, PRIVATE LENDING, PROMISSORY NOTES, PRUDENTIAL REGULATIONS, PUBLIC BANKS, PUBLIC DEBT, PUBLIC SECTOR DEBT, RATES OF INTEREST, REGULATORY FRAMEWORK, REPOS, RESERVE, RESERVE REQUIREMENTS, RESERVES, RESIDENTIAL MORTGAGE, RETURN, RISK MANAGEMENT, RISK MANAGEMENT SYSTEM, RISK PREMIUMS, SAFETY NET, SECURITIES, SECURITIES LAW, SECURITIES MARKET, SECURITIES MARKETS, SETTLEMENT, SETTLEMENT SYSTEMS, SOLVENCY, SOVEREIGN RISK, STATE BANK, STATE BANKS, STATE GUARANTEES, STOCK EXCHANGE, STOCK EXCHANGES, TAX, TAX CONCESSIONS, TAX EXEMPTION, TAX TREATMENT, TERRORISM, TIME DEPOSITS, TRADING, TRANSPARENCY, TREASURY, TRUST FUNDS, WEAK ASSETS, WITHDRAWAL, YIELD CURVE,
Online Access:	http://documents.worldbank.org/curated/en/2006/08/17893082/uruguay-financial-sector-assessment http://hdl.handle.net/10986/15936
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