## Israel: Financial System Stability Assessment

_IMF Staff Country Reports, April 2, 2012_

## Source details

**Canonical URL:** [Israel: Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2016/12/31/israel-financial-system-stability-assessment-25815)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/israel-financial-system-stability-assessment-25815/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/israel-financial-system-stability-assessment-25815/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/israel-financial-system-stability-assessment-25815/bundle-manifest.json)

## Bibliographic details
- Published: April 2, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475502718.002

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### Executive summary
- The paper discusses the Financial System Stability Assessment of Israel.
- The stability analysis suggests that systemic financial vulnerabilities to severe shocks in line with historical experience are manageable.
- In aggregate, buffers are at comparatively comfortable levels.
- The authorities operate an effective, proactive, and sophisticated system of financial sector oversight, which needs to be developed further in some areas.
- The authorities have underpinned the functioning of the financial system by enhancing the central bank liquidity framework and introducing a real-time gross settlement system.

### Key findings and analysis
- Systemic vulnerability assessment:
  - Systemic financial vulnerabilities to severe shocks in line with historical experience are manageable.
  - Buffers are described as being at comparatively comfortable levels.
- Regulatory and supervisory framework:
  - The authorities already operate an effective, proactive, and sophisticated system of financial sector oversight.
  - Some areas of oversight require further development (no additional specificity provided in the source).
- Payments and liquidity infrastructure:
  - The central bank liquidity framework has been enhanced.
  - A real-time gross settlement system has been introduced.
- Stress testing and risk coverage:
  - The document is categorized under Stress testing and related subjects, indicating stress-test-based analysis of resilience.

### Subjects and keywords
- Subjects:
  - Banking
  - Commercial banks
  - Corporate bonds
  - Financial crises
  - Financial institutions
  - Financial sector policy and analysis
  - Insurance companies
  - Stress testing
- Keywords:
  - bank member
  - bank subsidiary
  - bank supervisor
  - banking system
  - BOI macro-model
  - bridge bank
  - Commercial banks
  - Corporate bonds
  - CR
  - credit risk
  - Europe
  - financial system
  - forecasted path
  - Global
  - Insurance companies
  - interest rate
  - ISCR
  - liquidity assistance
  - resolution regime
  - Stress testing

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## Content in this bundle

- **Israel: Financial System Stability Assessment; IMF Country Report 12/69; March 12, 2012**
  - [Israel: Financial System Stability Assessment; IMF Country Report 12/69; March 12, 2012 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr1269.pdf.md){rel="alternate" type="text/markdown"}
  - [Israel: Financial System Stability Assessment; IMF Country Report 12/69; March 12, 2012 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr1269.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/israel-financial-system-stability-assessment-25815_