Italy: Financial System Stability Assessment
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
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. 2013/300
Subject:
Banking Capital adequacy requirements Financial crises Financial institutions Financial regulation and supervision Financial sector policy and analysis Loans Stress testing
English
Publication Date:
September 27, 2013
ISBN/ISSN:
9781484311516/1934-7685
Stock No:
1ITAEA2013003
Pages:
60
Please address any questions about this title to publications@imf.org