Norway: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, and Payment Systems
IMF Staff Country Reports, June 14, 2005
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- Canonical URL
- Norway: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, and Payment Systems
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Bibliographic details
- Published: June 14, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451829785.002
Summary and Key Findings
- Norway’s financial system appears sound and well managed.
- Short-term vulnerabilities appear low overall, given improved macroeconomic conditions and historically low interest rates, coupled with generally prudent and transparent policies.
- Beyond the short term, rising household debt levels are the most important potential risk factor and will need to be watched closely.
Main Risks and Vulnerabilities
- Short-term:
- Low overall vulnerabilities due to improved macroeconomic conditions.
- Historically low interest rates supporting stability.
- Policies described as generally prudent and transparent.
- Medium to long-term:
- Rising household debt levels identified as the primary potential risk factor that requires close monitoring.
Analytical Scope and Topics Covered
- Banking Supervision
- Insurance Regulation
- Payment Systems
- Related subject areas listed on the original page:
- Banking, Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Insurance, Insurance companies, Market risk
Keywords and Technical Focus
- area bank, bank, banking book risk, banking market, banks' CAR, counterparty risk survey, CR, debt ratio, Financial sector stability, financial system, firm FX price, Global, Insurance, Insurance companies, ISCR, liquid asset, market, market risk, Market risk, moral hazard-type risk, settlement bank, settlement risk
Source: International Monetary Fund — Norway: Financial System Stability Assessment (IMF Staff Country Reports), June 14, 2005.