{ "title": "Press Release–The IMF Upgrades Financial Soundness Indicators", "publication": "IMF News, February 3, 2022", "sourceUrl": "https://www.imf.org/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators", "canonical": "https://www.imf.org/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators", "overlayPath": "/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/index.md", "summary": "Press Release No. 22/20; February 3, 2022; IMF Communications Department.", "publishDate": "2022-02-03", "sections": [ { "heading": "Summary of the upgrade", "content": "- Press Release No. 22/20; February 3, 2022; IMF Communications Department.\n- The IMF has upgraded its Financial Soundness Indicators (FSIs) database to fully reflect methodological improvements introduced in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSIs Guide).\n- The release of the new FSIs data and metadata covers over 140 jurisdictions.\n- The original database was launched in 2007.\n- The new FSI database and the 2019 FSIs Guide are available on the IMF’s FSI data portal.\n- Contact for questions or comments: STAFSI@IMF.org." }, { "heading": "Major enhancements and coverage", "content": "- The new FSI database:\n - Enhances coverage and cross-country comparability following the more prescriptive approach of the 2019 FSIs Guide.\n - Incorporates a set of new indicators on concentration and distribution measures (CDMs), which provide information on tail risks, concentrations, and variations in distributions that are not directly captured by the aggregated averages.\n - Reflects the updated list of FSIs for banks (deposit takers) and an expanded list for nonbank financial institutions.\n - Focuses separately on nonbanks such as money market funds, insurance corporations, and pension funds.\n - Includes additional indicators for household and nonfinancial corporate sectors, reflecting their importance as counterparts of financial institutions." }, { "heading": "Changes to indicators and analytical value", "content": "- The 2019 FSIs Guide recommends the compilation of fifty-three FSIs with thirteen new indicators.\n- FSIs for banks have been upgraded to better gauge bank buffers compared to expected and unexpected losses.\n- Additions include new capital, liquidity, and asset quality metrics to:\n - Enhance the forward-looking aspect of the FSIs.\n - Support increased policy focus on financial stability.\n- The new database features CDMs that allow users to better understand and analyze risks associated with distributions and concentrations of seven specific FSIs for deposit takers." }, { "heading": "Link to international initiatives", "content": "- With the introduction of CDMs for selected FSIs, the IMF completes the implementation of the recently closed G-20 Data Gaps Initiative (DGI-2) recommendation II.3 Concentration and Distribution Measures.\n- Recommendation II.3 is one of the twenty recommendations endorsed by the G-20 Finance Ministers and Central Bank Governors." }, { "heading": "Press contact and media relations", "content": "- MEDIA RELATIONS PRESS OFFICER: Pemba Sherpa\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- Twitter: @IMFSpokesperson\n\nSource: Press Release No. 22/20 — Press Release–The IMF Upgrades Financial Soundness Indicators, February 3, 2022, IMF Communications Department.\n\n---\n\n Content in this bundle\n\n- 2019 Financial Soundness Indicators Compilation Guide, International Monetary Fund\n - 2019 Financial Soundness Indicators Compilation Guide, International Monetary Fund (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - 2019 Financial Soundness Indicators Compilation Guide, International Monetary Fund (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Press Releases\n- PRESS CENTER\n- Financial Soundness Indicators (FSIs) database\n- FSI data portal\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators" } ], "bullets": [ "[Markdown version](/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/index.md)", "[Structured JSON version](/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/index.json)", "[Bundle manifest](/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/bundle-manifest.json)", "Published: February 3, 2022", "Press Release No. 22/20; February 3, 2022; IMF Communications Department.", "The IMF has upgraded its Financial Soundness Indicators (FSIs) database to fully reflect methodological improvements introduced in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSIs Guide).", "The release of the new FSIs data and metadata covers over 140 jurisdictions.", "The original database was launched in 2007.", "The new FSI database and the 2019 FSIs Guide are available on the IMF’s FSI data portal.", "Contact for questions or comments: STAFSI@IMF.org.", "The new FSI database:", "The 2019 FSIs Guide recommends the compilation of fifty-three FSIs with thirteen new indicators.", "FSIs for banks have been upgraded to better gauge bank buffers compared to expected and unexpected losses.", "Additions include new capital, liquidity, and asset quality metrics to:", "The new database features CDMs that allow users to better understand and analyze risks associated with distributions and concentrations of seven specific FSIs for deposit takers.", "With the introduction of CDMs for selected FSIs, the IMF completes the implementation of the recently closed G-20 Data Gaps Initiative (DGI-2) recommendation #II.3 Concentration and Distribution Measures.", "Recommendation #II.3 is one of the twenty recommendations endorsed by the G-20 Finance Ministers and Central Bank Governors.", "MEDIA RELATIONS PRESS OFFICER: Pemba Sherpa", "Phone: +1 202 623-7100", "Email: MEDIA@IMF.org", "Twitter: @IMFSpokesperson", "**2019 Financial Soundness Indicators Compilation Guide, International Monetary Fund**", "[Press Releases](https://www.imf.org/en/news/searchnews)", "[PRESS CENTER](http://presscenter.imf.org/)", "[Financial Soundness Indicators (FSIs) database](https://data.imf.org/FSI)", "[FSI data portal](http://data.imf.org/FSI)", "[https://www.imf.org/en/home](https://www.imf.org/en/home)" ], "related": [ { "title": "2019 Financial Soundness Indicators Compilation Guide, International Monetary Fund", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/data/2019/2019-fsi-guide.pdf", "summary": { "path": "/-/media/files/data/2019/2019-fsi-guide.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/data/2019/2019-fsi-guide.pdf", "mime": "application/pdf" } } ], "alternates": { "markdown": "/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/index.md", "json": "/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/index.json", "bundleManifest": "/en/news/articles/2022/02/02/pr2220-the-imf-upgrades-financial-soundness-indicators/bundle-manifest.json" }, "generatedAtUtc": "2026-09-26T00:56:15.152Z" }