IMF Staff Country Reports

Italy: Financial System Stability Assessment

September 27, 2013

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Italy: Financial System Stability Assessment, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This Financial System Stability Assessment report provides a review of .Italian financial system. The announcement of outright monetary transactions (OMT) and steps toward a banking union have blunted the impact of the sovereign debt crisis on banks, and the expansion of European Central Bank (ECB) liquidity facilities has temporarily shielded Italian banks from wholesale funding volatility. Stress tests suggest that the system as a whole is able to withstand both the already weak baseline macro outlook and the phase-in of Basel III requirements.

Subject: Banking, Capital adequacy requirements, Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Loans, Stress testing

Keywords: Bank asset quality, Bank solvency, Banking system, Capital adequacy requirements, Capital ratio, Central bank, CR, Europe, Financial support, Global, Initial margin, ISCR, Liquid asset, Liquidity buffer, Loans, Real GDP, Return on assets, Stress testing

Publication Details

  • Pages:

    60

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/300

  • Stock No:

    1ITAEA2013003

  • ISBN:

    9781484311516

  • ISSN:

    1934-7685