Austria: Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Basel Core Principles for Effective Banking Supervision

 
 
Publication Date: January 21, 2014
 
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Summary: This paper discusses key findings of the Detailed Assessment of Basel Core Principles for Effective Banking Supervision on Austria. Since the outbreak of the financial crisis, some Austrian credit institutions had to be nationalized as an ad hoc measure to prevent contagion effects and to preserve financial stability. Bank capital ratios are improving but still lag behind other internationally active banks. Bank profits have been affected by low net interest income and risk provisioning reflecting higher nonperforming loans ratios. Austrian banks’ funding structure is relatively stable, and financing conditions have improved since the peak of the crisis.
 
Series: Country Report No. 14/13
Subject(s): Financial Sector Assessment Program | Basel Core Principles | Banking sector | Bank supervision | Reports on the Observance of Standards and Codes | Austria

 
English
Publication Date: January 21, 2014
ISBN/ISSN: 9781484374948/1934-7685 Format: Paper
Stock No: 1AUTEA2014001 Pages: 322
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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