## figure1-20

## Source details

**Canonical URL:** [figure1-20](https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/pdf/figure1-20.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/oct/ch1/pdf/figure1-20.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/oct/ch1/pdf/figure1-20.pdf.json)

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### Banking system capital levels (Panel 1)
- Indicator: Banking System Tier 1 Capital Ratio (Percent of risk-weighted assets).
- Time span shown in figure: years with ticks including 2006, 07, 08, 09, 10, 11, 12, 13, 14, 15, 16, 17, 18.
- Finding: "Banks have more capital relative to the precrisis period ...... but equity market valuations are mixed." (text from figure).

### Bank price-to-book ratios (Panel 2)
- Indicator: Bank Price-to-Book Ratios.
- Time span shown in figure: years with ticks including 2000, 02, 04, 06, 08, 10, 12, 14, 16, 18.
- Display elements identified: Median; 5th–95th percentile range; Interquartile range.

### Bank market-adjusted capitalization (Panel 3)
- Definition: market-adjusted capitalization = (min {price-to-book ratio, 1} × tangible common equity)/adjusted tangible assets.
- Units shown: (Percent).
- Regional labels appearing in the figure: Euro area, Asia and Pacific, Other Europe, North America, Emerging markets.
- Note on asset adjustments: U.S. bank assets are adjusted for derivatives netting.
- Chart time span shown in figure: years with ticks including 2006, 07, 08, 09, 10, 11, 12, 13, 14, 15, 16, 17, 18.
- Axis tick labels visible in the provided content: 0.0, 0.5, 1.0, 1.5, 2.0, 2.5.

### Simulated capital shortfalls (Panel 4)
- Sample: "a sample of about 600 advanced economy banks."
- Simulation metric: fraction of banks with a 20 percent or higher probability of a capital shortfall.
- Capital shortfall thresholds used: common equity Tier 1 ratio threshold of 4.5 percent and a leverage ratio threshold of 3 percent.
- Visual cue: "The dark shaded areas in panel 4 show the simulated fraction of banks ... with a 20 percent or higher probability of a capital shortfall..."
- Units shown: (Percent of assets).
- Chart time span shown in figure: years with ticks including 2006, 07, 08, 09, 10, 11, 12, 13, 14, 15, 16, 17, 18.
- Axis tick labels visible in the provided content: 0, 50, 100 (repeated across regional subpanels).

### Regional composition definitions (from figure note)
- Asia and Pacific = Australia, Hong Kong SAR, Japan, Korea, New Zealand, and Singapore.
- North America = Canada and the United States.
- Other Europe = Denmark, Norway, Sweden, Switzerland, and the United Kingdom.
- Emerging markets = Brazil, China, India, Mexico, Poland, Russia, South Africa, and Turkey.

### Data sources and coverage
- Sources listed: Bloomberg Finance L.P.; Haver Analytics; IMF, Financial Soundness Indicators; Organisation for Economic Co-Operation and Development Banking Statistics database; S&P Global Market Intelligence; and IMF staff estimates.

*Figure 1.20. Banking Sector Resilience — source content as provided.*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/pdf/figure1-20.pdf_