## Germany: Financial Sector Assessment Program-Systemic Liquidity and Bank Funding-Technical Notes

_IMF Staff Country Reports, June 29, 2016_

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**Canonical URL:** [Germany: Financial Sector Assessment Program-Systemic Liquidity and Bank Funding-Technical Notes](https://www.imf.org/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-systemic-liquidity-and-bank-funding-technical-44019)

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## Bibliographic details
- Published: June 29, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475578225.002

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### Overview
- Focus: current state of the principal markets for nondeposit based funding for German financial institutions.
- Central observation: current level of liquidity of the banking system is abundant, underpinned by active central bank support.
- Main caution: the resilience of liquidity in some bank funding markets appears weaker than in the past.

### Key findings
- Liquidity level: "abundant" in the banking system, supported by active central bank support.
- Resilience: liquidity resilience in some bank funding markets is weaker than historically observed.
- Financial system robustness: the financial system is dominated by banks and is generally sound and robust to shocks.

### Banking system structure (key statistics)
- Banking system composition by total banking system assets:
  - Private commercial banks: 39 percent
  - Public sector banks: 27 percent
  - Cooperative banks: 14 percent

### Subjects and keywords (topics covered)
- Asset and liability management
- Banking; Commercial banks; Cooperative banks; Financial institutions
- Covered bonds; Covered bond bond market; mortgage bank; secured bond; secured bond market
- Financial markets; Liquidity; Money markets; repurchase market
- ECB liquidity injection; ECB liquidity operation
- Development bank; public sector bank; purpose bank
- Market scope: Europe; Global; CR; ISCR; financing; funding market; bond market; bank investor

*Germany: Financial Sector Assessment Program-Systemic Liquidity and Bank Funding-Technical Notes — June 29, 2016*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/germany-financial-sector-assessment-program-systemic-liquidity-and-bank-funding-technical-44019_