Australian Bank and Corporate Sector Vulnerabilities : An International Perspective

Author/Editor:

Elöd Takáts ; Patrizia Tumbarello

Publication Date:

October 1, 2009

Electronic Access:

Free Full text (PDF file size is 1191 KB).Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper focuses on how the exposure to the corporate sector may impact the health of the Australian banking system. It also compares Australian banks with their international peers. Finally, it investigates banks' exposure to credit risk using the new Basel II Pillar 3 disclosure data. The analysis shows that Australian banks have remained very sound by international standards, despite the global financial turmoil. While the international downturn points to several vulnerabilities, the risks from the corporate and household sectors appear to be manageable.

Series:

Working Paper No. 09/223

Subject:

Frequency:

Biannually

English

Publication Date:

October 1, 2009

ISBN/ISSN:

9781451873702/1018-5941

Stock No:

WPIEA2009223

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

22

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