IMF Staff Country Reports

Austria: Financial System Stability Assessment: Update

June 18, 2008

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Austria: Financial System Stability Assessment: Update", IMF Staff Country Reports 2008, 190 (2008), accessed November 21, 2024, https://0-doi-org.library.svsu.edu/10.5089/9781451802429.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

The Austrian authorities have been making great efforts since 2003 to enhance the quality of banking supervision and keep up-to-date with banking sector developments. Banks face a reputation risk arising from exposure to money laundering/financing of terrorism risk in both domestic and international activities. The authorities have already elaborated contingency plans for dealing with bank failures and other problem cases. Experience elsewhere suggests also that it can be valuable to set up a system that mandates a decision on required remedial action promptly after warning signs are detected.

Subject: Banking, Commercial banks, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Income, Insurance companies, Loans, National accounts, Stress testing

Keywords: Bank consolidation process, CDS spread, CR, Credit risk, Foreign currency, Global, Income, Insurance companies, Intervened bank to a sound bank, ISCR, Loans, Mortgage bank, Return on equity, Sharpe ratio, Soundness indicator, Stock performance, Stress testing

Publication Details

You May Also Be Interested In...

India: Review and Evaluation of the Reserve Bank of India’s Stress Test Model Framework

November 20, 2024

Libya: Technical Assistance Report-Redesign of Income Tax Forms

November 15, 2024

Growth Convergence and Public Finances of India and its States

November 15, 2024

Colombia: Technical Assistance Report-Report of the Diagnostic Mission on Macro-relevant Climate Change Statistics (July 17–21, 2023)

November 8, 2024