Search Results - subject:"Probability of default"

Switzerland; Financial System Stability Assessment Update

International Monetary Fund (IMF); International … - 2007

This technical note presents an update to the Financial System Stability Assessment (FSSA) on Switzerland. It reveals that current domestic macroeconomic and financial sector conditions are favorable, and the main downside risks to the financial sector are external. Stress tests confirm the...

Persistent link: https://www.econbiz.de/10011242586

Republic of Kazakhstan; 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2007

The 2007 Article IV Consultation on the Republic of Kazakhstan focuses on the appropriate policy response to mounting banking sector risks and continuing inflation pressures. Banking sector risks are mounting and inflation remains relatively high. The authorities intend to continue raising...

Persistent link: https://www.econbiz.de/10011242641

Portugal; Financial Sector Assessment Program: Technical Note: Stress Testing

International Monetary Fund (IMF); International … - 2007

This technical note explains stress testing for Portugalâ€™s financial sector. A core part of the banking stress tests was the bottom-up exercise implemented by individual institutions. The bottom-up stress tests focus only on the impact of expected losses on indicators of profitability and...

Persistent link: https://www.econbiz.de/10011242748

Sri Lanka; Financial System Stability Assessment: Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Payment Systems

International Monetary Fund (IMF); International … - 2007

This paper presents an update to the Financial System Stability Assessment on Sri Lanka. The paper discusses that despite a challenging macroeconomic environment characterized by a high fiscal deficit, inflationary pressures, and a widening current account, near-term risks to the financial...

Persistent link: https://www.econbiz.de/10011243201

Turkey; Financial System Stability Assessment

International Monetary Fund (IMF); International … - 2007

This Financial System Stability Assessment on Turkey discusses macroeconomic development and trend in the financial system. The financial system does not appear to face major immediate threats, but vulnerabilities remain. Turkey remains dependent on capital inflows and thus on international...

Persistent link: https://www.econbiz.de/10011244120

Denmark; Financial Sector Assessment Program: Technical Note: Stress Testing

International Monetary Fund (IMF); International … - 2007

This technical note describes the stress testing exercises carried out for the Danish commercial banking system and the insurance sector. The tests were conducted as part of the Financial Sector Assessment Program for Denmark and were developed in collaboration with the Danish Financial...

Persistent link: https://www.econbiz.de/10011244479

Republic of Poland; Financial Sector Assessment Program-Technical Note-Credit, Growth, and Financial Stability

International Monetary Fund (IMF); International … - 2007

This technical note on the Republic of Poland underlies the countryâ€™s credit, growth, and financial stability. A broad-based statistical and econometric analysis of financial and household balance sheet data implies that exchange rate-related credit risk and liquidity risk are currently...

Persistent link: https://www.econbiz.de/10011245348

The performance of credit rating systems in the assessment of collateral used in Eurosystem monetary policy operations

Coppens, François; Gonzáles, Fernando; Winkler, Gerhard - 2007

Moody’s publicly available rating histories to construct confidence intervals for the level of probability of default to be … second aim is to review various existing validation models for the probability of default which enable the analyst to check … fixed probability of default (PD) value. Given the general characteristics of the problem considered, we consider this …

Persistent link: https://www.econbiz.de/10011617381

Who gets the Credit? Determinants of the Probability of Default in the German Hospital Sector

Augurzky, Boris; Engel, Dirk; Schwierz, Christoph - 2006

partly determined by the probability of default (PD) of individual hospitals. Using ordinary least squares and quantile … average probability of default amounts to approximately 1.7%, which is slightly higher than the average probability for all …

Persistent link: https://www.econbiz.de/10010261054

Greece; Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics, Banking Supervision, Insurance Supervision, Securities Regulation, and Anti-Money Laundering and Combating the Financing of Terrorism

International Monetary Fund (IMF); International … - 2006

This paper discusses key findings of the Financial System Stability Assessment on Banking Supervision, Insurance Supervison, Securities Regulation, and Anti-Money Laundering and Combating the Financing of Terrorism for Greece. The Greek financial sector appears largely sound and resilient to...

Persistent link: https://www.econbiz.de/10005591143