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

Author/Editor:

International Monetary Fund

Publication Date:

March 23, 2007

Electronic Access:

Free Full Text (PDF file size is 701 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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 Supervisory Agency (DFSA) and Danmarks Nationalbank (DNB). Two approaches—bottom-up and top-down—were employed in the analysis. Results of the stress test show that under changing macroeconomic conditions, credit risk could materialize, causing a substantial deterioration in banks’ results.

Series:

Country Report No. 07/125

Subject:

English

Publication Date:

March 23, 2007

ISBN/ISSN:

9781451811223/1934-7685

Stock No:

1DNKEA2007010

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

44

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