Romania: Financial Sector Assessment Program-Technical Note-Balance Sheet Analysis

IMF Staff Country Reports, June 8, 2018

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Canonical URL: Romania: Financial Sector Assessment Program-Technical Note-Balance Sheet Analysis

Analyzes macro-financial interlinkages, sectoral dependencies, and potential balance sheet vulnerabilities for all resident sectors in Romania.
Publication: IMF Staff Country Reports, Country Report No. 2018/162, Pages: 12, Volume: 2018, Issue: 162, DOI: https://doi.org/10.5089/9781484360699.002, ISBN: 9781484360699, ISSN: 1934-7685, Stock No: 1ROMEA2018005.

The financial sector size and interconnectedness have been increasing significantly.
The overall amount of intra-financial sector exposures grew from five percent of GDP in 2008 to approximately seven percent of GDP in 2016.
The banking system is at the center of intra-financial sector balance sheet connections, acting as an overall net borrower that channels funds to other domestic sectors.
The funding of bank liabilities by domestic financial institutions has been rising and stood at close to 10 percent of banks’ nonequity liabilities in 2016.
Banks are also exposed on the credit side to nonbank financial institutions, in particular to other financial institutions.

Subjects: Bank credit, Banking, Commercial banks, Economic sectors, Financial institutions, Financial sector, Financial statements, Foreign exchange, Loans, Public financial management (PFM).
Keywords: balance sheet analysis, balance sheet exposure, balance sheet vulnerability, bank, Commercial banks, corporate, corporates in Romania, CR, Financial sector, Financial statements, FX, FX buffer, FX exposure, GDP, ISCR, Loans, sector balance sheet connection, sectoral balance sheets.

Source: Romania: Financial Sector Assessment Program-Technical Note-Balance Sheet Analysis, IMF Staff Country Reports, June 8, 2018.