IMF Staff Country Reports

Germany: Financial Sector Assessment Program-Systemic Liquidity and Bank Funding-Technical Notes

June 29, 2016

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Germany: Financial Sector Assessment Program-Systemic Liquidity and Bank Funding-Technical Notes, (USA: International Monetary Fund, 2016) accessed September 19, 2024

Summary

This paper focuses on the current state of the principal markets for nondeposit based funding for German financial institutions. A key finding is that although the current level of liquidity of the banking system is abundant, underpinned by active central bank support, the resilience of liquidity in some bank funding markets appears weaker than in the past. The financial system is dominated by banks and is generally sound and robust to shocks. The German banking system consists of a large number of banks in three main pillars: private commercial banks, public sector banks, and cooperative banks (accounting for 39 percent, 27 percent, and 14 percent, respectively of total banking system assets).

Subject: Asset and liability management, Banking, Commercial banks, Cooperative banks, Covered bonds, Financial institutions, Financial markets, Liquidity, Money markets

Keywords: Bank, Bank investor, Bond market, Commercial banks, Cooperative banks, Covered bond, Covered bond bond market, Covered bonds, CR, Development bank, ECB liquidity injection, ECB liquidity operation, Europe, Financing, Funding market, Global, ISCR, Liquidity, Market, Money markets, Mortgage bank, Public sector bank, Purpose bank, Repurchase market, Secured bond, Secured bond market

Publication Details

  • Pages:

    27

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/195

  • Stock No:

    1DEUEA2016007

  • ISBN:

    9781475578225

  • ISSN:

    1934-7685