Spain : Financial Sector Assessment Program-Technical Note-Stress Testing Banking System Resilience

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

November 13, 2017

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Low profitability and large exposure to fixed income securities are the key vulnerabilities of the Spanish banking sector. FSAP stress test results indicate that some banks may have difficulty enduring additional pressures on their profitability. In addition, some banks are vulnerable to market losses arising from a rapid increase in interest rates, given their significant exposures to fixed income securities.

Series:

Country Report No. 17/342

Subject:

English

Publication Date:

November 13, 2017

ISBN/ISSN:

9781484327197/1934-7685

Stock No:

1ESPEA2017012

Format:

Paper

Pages:

51

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