Czech Republic : Financial System Stability Assessment Update

Author/Editor:

International Monetary Fund

Publication Date:

July 17, 2012

Electronic Access:

Free Full Text (PDF file size is 662 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents a financial system stability assessment update for the Czech Republic. The financial system is confronted with a number of growing risks. Owing to a high reliance of the Czech economy on exports to European Union (EU) countries, the main risk stems from negative developments in EU countries. The results of stress tests show that Czech banks can withstand substantial shocks. The paper reports that the regulatory and supervisory framework for financial institutions is generally sound, although inadequate resources are a major weakness.

Series:

Country Report No. 12/177

Subject:

English

Publication Date:

July 17, 2012

ISBN/ISSN:

9781475506235/1934-7685

Stock No:

1CZEEA2012007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

46

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