Italy : Financial System Stability Assessment

Publication Date: September 27, 2013
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Summary: This Financial System Stability Assessment report provides a review of .Italian financial system. The announcement of outright monetary transactions (OMT) and steps toward a banking union have blunted the impact of the sovereign debt crisis on banks, and the expansion of European Central Bank (ECB) liquidity facilities has temporarily shielded Italian banks from wholesale funding volatility. Stress tests suggest that the system as a whole is able to withstand both the already weak baseline macro outlook and the phase-in of Basel III requirements.
Series: Country Report No. 13/300
Subject(s): Financial system stability assessment | Financial sector | Banks | Credit risk | Stress testing | Bank supervision | Bank resolution | Securities regulations | Securities markets | Italy

Publication Date: September 27, 2013
ISBN/ISSN: 9781484311516/1934-7685 Format: Paper
Stock No: 1ITAEA2013003 Pages: 60
US$18.00 (Academic Rate:
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