Germany : Financial Sector Assessment Program-Technical Note-Stress Testing, Interconnectedness, and Risk Analysis.

The financial sector weathered COVID relatively well on the back of high pre-crisis capital and liquidity buffers, strong public and private sector balance sheets, and unprecedented public and ECB support. Immediate risks to Germany's financial stability of Russia's invasion of Ukraine app...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund. Monetary and Capital Markets Department
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2022.
Serija:IMF Staff Country Reports; Country Report ; No. 2022/272
Teme:
Online dostop:Full text available on IMF
Opis
Izvleček:The financial sector weathered COVID relatively well on the back of high pre-crisis capital and liquidity buffers, strong public and private sector balance sheets, and unprecedented public and ECB support. Immediate risks to Germany's financial stability of Russia's invasion of Ukraine appear to be manageable due to the banks' limited direct exposures to Russia. However, risks associated with the economic fallout could impact some individual financial institutions, non-performing loans, and house prices. Real GDP growth was projected to regain momentum from mid-2022 onwards, but the war could hinder the recovery through supply constraints, higher-than-expected above-target inflation (with higher energy prices and supply constraints), a tightening of financial conditions, and shifts in investors' confidence.
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Fizični opis:1 online resource (104 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students