Italy : Financial System Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

September 27, 2013

Electronic Access:

Free Full text (PDF file size is 2396 KB).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. 13/300

Subject:

English

Publication Date:

September 27, 2013

ISBN/ISSN:

9781484311516/1934-7685

Stock No:

1ITAEA2013003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

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