Guinea

The report outlines the efforts of the International Monetary Fund (IMF) to assist the Central Bank of the Republic of Guinea (BCRG) in operationalizing a special resolution regime (SRR) for credit institutions. This initiative addresses the deficiencies in Guinea's financial safety net, which currently lacks a comprehensive resolution framework. The project involved enhancing staff capacity and developing resolution tools like partial sale and bridge institution. Key findings highlight the need for increased staffing and expertise, while recommendations focus on establishing a resolution function, drafting resolution plans, and ensuring that resolution tools will be supported by an adequate resolution funding mechanism. These measures aim to strengthen Guinea's financial stability and crisis management capabilities.

Authors

Publication Details

Journal
High-Level Summary Technical Assistance Reports
Published
2025-07-01
DOI
https://doi.org/10.5089/9798229015660.029
Primary Topic
African history and culture analysis
Type
article
Field-Weighted Citation Impact
0.00
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article

Guinea

David Blache
High-Level Summary Technical Assistance Reports
African history and culture analysis
article

Guinea

David Blache
article en

Abstract

The report outlines the efforts of the International Monetary Fund (IMF) to assist the Central Bank of the Republic of Guinea (BCRG) in operationalizing a special resolution regime (SRR) for credit institutions. This initiative addresses the deficiencies in Guinea's financial safety net, which currently lacks a comprehensive resolution framework. The project involved enhancing staff capacity and developing resolution tools like partial sale and bridge institution. Key findings highlight the need for increased staffing and expertise, while recommendations focus on establishing a resolution function, drafting resolution plans, and ensuring that resolution tools will be supported by an adequate resolution funding mechanism. These measures aim to strengthen Guinea's financial stability and crisis management capabilities.

High-Level Summary Technical Assistance ReportsVol. 2025(028)
Openalex Percentile: Top 81%
African history and culture analysis
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