## Austria: Financial Sector Stability Assessment

_IMF Staff Country Reports, September 10, 2013_

## Source details

**Canonical URL:** [Austria: Financial Sector Stability Assessment](https://www.imf.org/en/publications/cr/issues/2016/12/31/austria-financial-sector-stability-assessment-40933)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/austria-financial-sector-stability-assessment-40933/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/austria-financial-sector-stability-assessment-40933/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/austria-financial-sector-stability-assessment-40933/bundle-manifest.json)

## Bibliographic details
- Published: September 10, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484356302.002

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### Overview
- This Financial Sector Stability Assessment report reviews economic development and different fiscal policies in Austria.
- The global crisis has revealed weaknesses in Austria’s financial stability policy framework.
- Recent changes at the European levels provide an opportunity to address these weaknesses.

### Key findings
- Stress test results indicate that under adverse medium-term scenarios, virtually all Austrian banks, including all internationally active institutions, would meet regulatory capital requirements.
- Austrian banks are resilient to funding and contagion risks.
- The Austrian Financial Market Authority (FMA) and the central bank (OeNB) collaborate effectively in performing banking supervision, including on a cross-border basis.

### Institutional and policy observations
- Identified weaknesses in the financial stability policy framework following the global crisis.
- Recent European-level changes create an opportunity to strengthen Austria’s framework.
- Effective collaboration between the FMA and the OeNB in banking supervision, including cross-border supervision.

### Subject coverage and keywords (as listed)
- Subjects: Bank resolution, Bank resolution framework, Banking, Commercial banks, Financial crises, Financial institutions, Insurance companies, Loans
- Keywords: asset, Austria, Austrian bank, bank, bank assets, Bank resolution, banking system, capital, CESEE, Commercial banks, CR, Global, Insurance companies, ISCR, Loans, OeNB, resolution authority, resolution framework

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## Content in this bundle

- **Austria: Financial Sector Stability Assessment; IMF Country Report 13/282; August 19, 2013**
  - [Austria: Financial Sector Stability Assessment; IMF Country Report 13/282; August 19, 2013 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr13283.pdf.md){rel="alternate" type="text/markdown"}
  - [Austria: Financial Sector Stability Assessment; IMF Country Report 13/282; August 19, 2013 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr13283.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/austria-financial-sector-stability-assessment-40933_