People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Stress Testing the Banking Sector and Systemic Risk Analysis
IMF Staff Country Reports, June 15, 2021
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- People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Stress Testing the Banking Sector and Systemic Risk Analysis
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Bibliographic details
- Published: June 15, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513573250.002
Summary
- Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China.
- Over the past two years, Hong Kong SAR’s economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global COVID-19 pandemic, resulting in an unprecedented two consecutive years of negative economic growth.
Subject areas and keywords
- Subject: Asset and liability management, Commercial banks, Financial institutions, Financial regulation and supervision, International organization, Liquidity, Liquidity risk, Loans, Monetary policy, Mortgages
- Keywords: bank solvency St result, bank solvency stress, Commercial banks, Global, HKSAR banking system, HKSAR GDP growth scenario, incorporated bank, Liquidity, Liquidity risk, Loans, Mortgages, solvency ANALYSIS
Content in this bundle
- 1hkgea2021002