Australian Bank and Corporate Sector Vulnerabilities--An International Perspective

 
Author/Editor: Takáts, Elöd ; Tumbarello, Patrizia
 
Publication Date: October 01, 2009
 
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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(s): Australia | Banking sector | Banks | Corporate sector | Credit risk | Cross country analysis | Financial assets | Financial soundness indicators | Loans | Private sector | Risk management

Author's Keyword(s): Australia | contingent claim analysis | bank asset quality | stress tests
 
English
Publication Date: October 01, 2009
Format: Paper
Stock No: WPIEA2009223 Pages: 22
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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