Mexico : Financial Sector Assessment
The report is based on the joint International Monetary Fund-World Bank Financial Sector Assessment Program (FSAP), and summarizes the quantitative data through end-2000, although the quantitative discussion in this report has been updated to refle...
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| Format: | Economic & Sector Work |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2002/10/2288985/mexico-financial-sector-assessment http://hdl.handle.net/10986/14535 |
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okr-10986-14535 |
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| 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 en_US |
| topic |
FINANCIAL SECTOR FINANCIAL SECTOR REFORM FINANCIAL CRISES BANKING SYSTEMS BANKING REGULATIONS REFORM POLICY MACROECONOMIC PLANNING LIQUIDITY POLICY RISK DIVERSIFICATION FINANCIAL INTERMEDIATION DEVELOPMENT BANKS PRUDENTIAL REGULATIONS DEPOSIT INSURANCE SECURITIES MARKETS INSTITUTIONAL FRAMEWORK LEGAL REFORMS PENSION FUNDS FINANCE INSURANCE INDUSTRY DEBTORS INSOLVENCY ACCOUNTABILITY ACCOUNTING AFFILIATES AFFORDABLE HOUSING AUTONOMY BALANCE SHEET BALANCE SHEETS BANK ASSETS BANK FAILURE BANK FAILURE RESOLUTION BANK LIABILITIES BANK LOANS BANK OF SPAIN BANK PROFITS BANKING CRISIS BANKING INDUSTRY BANKING RELATIONSHIPS BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BOARDS OF DIRECTORS BORROWING CAPITAL REGULATION CLOSED BANKS CONSOLIDATION CONTAGION CORPORATE GOVERNANCE CORPORATE SECTOR CPI CREDIT UNIONS DEBT DEBT SECURITIES DEBTOR DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPMENT BANKS DIVISION OF LABOR ECONOMIC GROWTH ECONOMIES OF SCALE ENFORCEMENT POWERS EQUILIBRIUM EXCHANGE RATE EXTERNAL AUDITORS FIDUCIARY DUTIES FINANCIAL DATA FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL SERVICES FINANCIAL STRENGTH FISCAL REFORM FOREIGN EXCHANGE GOVERNMENT GUARANTEES GUIDELINES HOUSING HOUSING DEMAND HOUSING FINANCE HOUSING FINANCE INSTITUTIONS HOUSING LOANS INCOME INCOME LEVELS INFLATION INSURANCE INTEREST RATES INTERNATIONAL BANKS LABOR UNIONS LEGAL FRAMEWORK LEGISLATION LIQUID ASSETS LIQUIDATION LIQUIDITY LOAN PORTFOLIO DIVERSIFICATION MANDATES MARKET DISCIPLINE MARKET POWER MATCHING GRANTS MONETARY POLICY MORAL HAZARD MORTGAGE MORTGAGE BONDS MORTGAGE LENDER MORTGAGE LOAN MORTGAGE LOANS MORTGAGE MARKET MORTGAGE MARKETS MORTGAGE ORIGINATORS MORTGAGE-BACKED SECURITIES MORTGAGES MUTUAL FUNDS NAFTA NET INTEREST MARGIN NET WORTH PENSIONS POLITICAL INTERFERENCE PORTFOLIOS PRIVATE BANKING PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PROFITABILITY PRUDENTIAL REGULATION PUBLIC DEBT RECAPITALIZATION REGULATORY FRAMEWORK RETAINED EARNINGS RETIREMENT RETURN ON ASSETS RETURN ON EQUITY RISK MANAGEMENT RISK TAKING SAVINGS SECURITIES SECURITIES MARKETS SECURITIZATION SHAREHOLDERS STATE OWNERSHIP SUBSIDIARIES SUSTAINABLE GROWTH SYSTEMIC RISK TAX REFORM TAX REFORMS TECHNICAL ASSISTANCE TIER 1 CAPITAL TRANSPARENCY URBAN DEVELOPMENT VULNERABILITY WORKING CAPITAL |
| spellingShingle |
FINANCIAL SECTOR FINANCIAL SECTOR REFORM FINANCIAL CRISES BANKING SYSTEMS BANKING REGULATIONS REFORM POLICY MACROECONOMIC PLANNING LIQUIDITY POLICY RISK DIVERSIFICATION FINANCIAL INTERMEDIATION DEVELOPMENT BANKS PRUDENTIAL REGULATIONS DEPOSIT INSURANCE SECURITIES MARKETS INSTITUTIONAL FRAMEWORK LEGAL REFORMS PENSION FUNDS FINANCE INSURANCE INDUSTRY DEBTORS INSOLVENCY ACCOUNTABILITY ACCOUNTING AFFILIATES AFFORDABLE HOUSING AUTONOMY BALANCE SHEET BALANCE SHEETS BANK ASSETS BANK FAILURE BANK FAILURE RESOLUTION BANK LIABILITIES BANK LOANS BANK OF SPAIN BANK PROFITS BANKING CRISIS BANKING INDUSTRY BANKING RELATIONSHIPS BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BOARDS OF DIRECTORS BORROWING CAPITAL REGULATION CLOSED BANKS CONSOLIDATION CONTAGION CORPORATE GOVERNANCE CORPORATE SECTOR CPI CREDIT UNIONS DEBT DEBT SECURITIES DEBTOR DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPMENT BANKS DIVISION OF LABOR ECONOMIC GROWTH ECONOMIES OF SCALE ENFORCEMENT POWERS EQUILIBRIUM EXCHANGE RATE EXTERNAL AUDITORS FIDUCIARY DUTIES FINANCIAL DATA FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL SERVICES FINANCIAL STRENGTH FISCAL REFORM FOREIGN EXCHANGE GOVERNMENT GUARANTEES GUIDELINES HOUSING HOUSING DEMAND HOUSING FINANCE HOUSING FINANCE INSTITUTIONS HOUSING LOANS INCOME INCOME LEVELS INFLATION INSURANCE INTEREST RATES INTERNATIONAL BANKS LABOR UNIONS LEGAL FRAMEWORK LEGISLATION LIQUID ASSETS LIQUIDATION LIQUIDITY LOAN PORTFOLIO DIVERSIFICATION MANDATES MARKET DISCIPLINE MARKET POWER MATCHING GRANTS MONETARY POLICY MORAL HAZARD MORTGAGE MORTGAGE BONDS MORTGAGE LENDER MORTGAGE LOAN MORTGAGE LOANS MORTGAGE MARKET MORTGAGE MARKETS MORTGAGE ORIGINATORS MORTGAGE-BACKED SECURITIES MORTGAGES MUTUAL FUNDS NAFTA NET INTEREST MARGIN NET WORTH PENSIONS POLITICAL INTERFERENCE PORTFOLIOS PRIVATE BANKING PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PROFITABILITY PRUDENTIAL REGULATION PUBLIC DEBT RECAPITALIZATION REGULATORY FRAMEWORK RETAINED EARNINGS RETIREMENT RETURN ON ASSETS RETURN ON EQUITY RISK MANAGEMENT RISK TAKING SAVINGS SECURITIES SECURITIES MARKETS SECURITIZATION SHAREHOLDERS STATE OWNERSHIP SUBSIDIARIES SUSTAINABLE GROWTH SYSTEMIC RISK TAX REFORM TAX REFORMS TECHNICAL ASSISTANCE TIER 1 CAPITAL TRANSPARENCY URBAN DEVELOPMENT VULNERABILITY WORKING CAPITAL World Bank Mexico : Financial Sector Assessment |
| geographic_facet |
Latin America & Caribbean Mexico |
| description |
The report is based on the joint
International Monetary Fund-World Bank Financial Sector
Assessment Program (FSAP), and summarizes the quantitative
data through end-2000, although the quantitative discussion
in this report has been updated to reflect salient
developments since then. The FSAP took place at an important
juncture for the development of the financial sector, with
major legal reforms being introduced, which for the most
part, were consistent with FSAP recommendations.
Consequences of the 1994/95 banking crisis have been
absorbed, with the associated fiscal losses transparently
allocated to the public sector, in the form of explicit IPAB
(Instituto de Proteccion de Ahorros Bancarios) debt.
Macroeconomic indicators strengthened significantly since
the crisis, due to the improved policy management, and
closer links to the US economy. However, while the policy of
increasing the share of domestic public sector debt has
gains in terms of reduced vulnerability, it is not without
costs, for regulations discourage loan dollarization, and
limit systemic liquidity risks, but may lead to lower
credit, and higher lending spreads. The Government is active
in the financial system through a large network of
development banks (DBs), and funds, entailing a significant
burden, in many cases, hampering market development. Thus, a
reform strategy to overcome tensions should aim at
separating subsidies from finance, at consolidating DBs, and
at gradually transforming some DBs into development
agencies. This report further looks at private banking
system trends, performance and stress testing, at state
ownership in financial intermediation, and at policy issues
in prudential regulation, securities market development, and
the insurance sector. |
| format |
Economic & Sector Work |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Mexico : Financial Sector Assessment |
| title_short |
Mexico : Financial Sector Assessment |
| title_full |
Mexico : Financial Sector Assessment |
| title_fullStr |
Mexico : Financial Sector Assessment |
| title_full_unstemmed |
Mexico : Financial Sector Assessment |
| title_sort |
mexico : financial sector assessment |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/10/2288985/mexico-financial-sector-assessment http://hdl.handle.net/10986/14535 |
| _version_ |
1764427236887232512 |
| spelling |
okr-10986-145352021-04-23T14:03:15Z Mexico : Financial Sector Assessment World Bank FINANCIAL SECTOR FINANCIAL SECTOR REFORM FINANCIAL CRISES BANKING SYSTEMS BANKING REGULATIONS REFORM POLICY MACROECONOMIC PLANNING LIQUIDITY POLICY RISK DIVERSIFICATION FINANCIAL INTERMEDIATION DEVELOPMENT BANKS PRUDENTIAL REGULATIONS DEPOSIT INSURANCE SECURITIES MARKETS INSTITUTIONAL FRAMEWORK LEGAL REFORMS PENSION FUNDS FINANCE INSURANCE INDUSTRY DEBTORS INSOLVENCY ACCOUNTABILITY ACCOUNTING AFFILIATES AFFORDABLE HOUSING AUTONOMY BALANCE SHEET BALANCE SHEETS BANK ASSETS BANK FAILURE BANK FAILURE RESOLUTION BANK LIABILITIES BANK LOANS BANK OF SPAIN BANK PROFITS BANKING CRISIS BANKING INDUSTRY BANKING RELATIONSHIPS BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BOARDS OF DIRECTORS BORROWING CAPITAL REGULATION CLOSED BANKS CONSOLIDATION CONTAGION CORPORATE GOVERNANCE CORPORATE SECTOR CPI CREDIT UNIONS DEBT DEBT SECURITIES DEBTOR DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPMENT BANKS DIVISION OF LABOR ECONOMIC GROWTH ECONOMIES OF SCALE ENFORCEMENT POWERS EQUILIBRIUM EXCHANGE RATE EXTERNAL AUDITORS FIDUCIARY DUTIES FINANCIAL DATA FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL SERVICES FINANCIAL STRENGTH FISCAL REFORM FOREIGN EXCHANGE GOVERNMENT GUARANTEES GUIDELINES HOUSING HOUSING DEMAND HOUSING FINANCE HOUSING FINANCE INSTITUTIONS HOUSING LOANS INCOME INCOME LEVELS INFLATION INSURANCE INTEREST RATES INTERNATIONAL BANKS LABOR UNIONS LEGAL FRAMEWORK LEGISLATION LIQUID ASSETS LIQUIDATION LIQUIDITY LOAN PORTFOLIO DIVERSIFICATION MANDATES MARKET DISCIPLINE MARKET POWER MATCHING GRANTS MONETARY POLICY MORAL HAZARD MORTGAGE MORTGAGE BONDS MORTGAGE LENDER MORTGAGE LOAN MORTGAGE LOANS MORTGAGE MARKET MORTGAGE MARKETS MORTGAGE ORIGINATORS MORTGAGE-BACKED SECURITIES MORTGAGES MUTUAL FUNDS NAFTA NET INTEREST MARGIN NET WORTH PENSIONS POLITICAL INTERFERENCE PORTFOLIOS PRIVATE BANKING PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PROFITABILITY PRUDENTIAL REGULATION PUBLIC DEBT RECAPITALIZATION REGULATORY FRAMEWORK RETAINED EARNINGS RETIREMENT RETURN ON ASSETS RETURN ON EQUITY RISK MANAGEMENT RISK TAKING SAVINGS SECURITIES SECURITIES MARKETS SECURITIZATION SHAREHOLDERS STATE OWNERSHIP SUBSIDIARIES SUSTAINABLE GROWTH SYSTEMIC RISK TAX REFORM TAX REFORMS TECHNICAL ASSISTANCE TIER 1 CAPITAL TRANSPARENCY URBAN DEVELOPMENT VULNERABILITY WORKING CAPITAL The report is based on the joint International Monetary Fund-World Bank Financial Sector Assessment Program (FSAP), and summarizes the quantitative data through end-2000, although the quantitative discussion in this report has been updated to reflect salient developments since then. The FSAP took place at an important juncture for the development of the financial sector, with major legal reforms being introduced, which for the most part, were consistent with FSAP recommendations. Consequences of the 1994/95 banking crisis have been absorbed, with the associated fiscal losses transparently allocated to the public sector, in the form of explicit IPAB (Instituto de Proteccion de Ahorros Bancarios) debt. Macroeconomic indicators strengthened significantly since the crisis, due to the improved policy management, and closer links to the US economy. However, while the policy of increasing the share of domestic public sector debt has gains in terms of reduced vulnerability, it is not without costs, for regulations discourage loan dollarization, and limit systemic liquidity risks, but may lead to lower credit, and higher lending spreads. The Government is active in the financial system through a large network of development banks (DBs), and funds, entailing a significant burden, in many cases, hampering market development. Thus, a reform strategy to overcome tensions should aim at separating subsidies from finance, at consolidating DBs, and at gradually transforming some DBs into development agencies. This report further looks at private banking system trends, performance and stress testing, at state ownership in financial intermediation, and at policy issues in prudential regulation, securities market development, and the insurance sector. 2013-07-24T18:57:15Z 2013-07-24T18:57:15Z 2002-10 http://documents.worldbank.org/curated/en/2002/10/2288985/mexico-financial-sector-assessment http://hdl.handle.net/10986/14535 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Latin America & Caribbean Mexico |