Georgia: Financial Sector Assessment Program-Technical Note-Stress Testing and Financial Stability Analysis

IMF Staff Country Reports, September 30, 2021

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Canonical URL: Georgia: Financial Sector Assessment Program-Technical Note-Stress Testing and Financial Stability Analysis

Presents results of banks’ stress tests carried out jointly by the NBG and the FSAP teams in the context of the 2021 FSAP.
Describes the scope, methodology and results of a series of top-down stress tests carried out during January‒April 2021.
At the request of the Georgian authorities, complementary bottom-up exercises were not implemented, on account of the operational challenges facing banks because of the COVID-19 pandemic.
Publication date: September 30, 2021.

Scope: Banks supervised by the National Bank of Georgia (NBG) within the 2021 FSAP.
Methodology: Series of top-down stress tests conducted during January‒April 2021.
Complementary bottom-up exercises: Not implemented at the request of the Georgian authorities due to operational challenges from the COVID-19 pandemic.

The note reports the results of the top-down stress tests; details on scope, methodology, and outcomes are provided within the 56-page technical note.
Emphasis on credit and credit risk, loan loss provisions, loans, and stress testing scenarios.
Analytical focus areas listed as subjects: Credit, Credit risk, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, International organization, Loan loss provisions, Loans, Monetary policy, Money, Stress testing.
Keywords specified: capital markets Department, Credit, Credit risk, Global, interest coverage ratio, lender bank, Loan loss provisions, Loans, scenario Analysis, Sensitivity to market, staff team of the International Monetary Fund, stress test scenario, Stress testing.

Georgia FSAP: Banking System Stress Test
- Georgia FSAP: Banking System Stress Test (Markdown version)
- Georgia FSAP: Banking System Stress Test (PDF)