Bulgaria : Financial Sector Assessment Program: Technical Note-Risk Assessment and Stress Test of the Banking System.

This Technical Note discusses results of risk assessment and stress tests (ST) of the banking system in Bulgaria. ST results reveal that the Bulgarian banking system is vulnerable to the extreme realization of internal and external risks coupled with the need to clean the balance sheets from nonperf...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. Monetary and Capital Markets Department
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2017/200
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This Technical Note discusses results of risk assessment and stress tests (ST) of the banking system in Bulgaria. ST results reveal that the Bulgarian banking system is vulnerable to the extreme realization of internal and external risks coupled with the need to clean the balance sheets from nonperforming loans (NPLs). In the baseline scenario, characterized by a modest economic growth and decline in unemployment, as well as stable and low interest rates, two banks-including a systemic one-exhibit weakness in terms of capital buffers to cope with accumulated losses in the past. These banks also experience substantial increase in their NPLs as a result of the asset quality review adjustment.
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وصف مادي:1 online resource (50 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students