## Austria: Financial System Stability Assessment

_IMF Staff Country Reports, July 20, 2026_

## Source details

**Canonical URL:** [Austria: Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2026/07/17/austria-financial-system-stability-assessment-577785)

## Other formats

- [Markdown version](/en/publications/cr/issues/2026/07/17/austria-financial-system-stability-assessment-577785/index.md)
- [Structured JSON version](/en/publications/cr/issues/2026/07/17/austria-financial-system-stability-assessment-577785/index.json)
- [Bundle manifest](/en/publications/cr/issues/2026/07/17/austria-financial-system-stability-assessment-577785/bundle-manifest.json)

## Bibliographic details
- Published: July 20, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229054195.002

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### Summary and outlook
- Austria started to slowly recover in 2025 after two years of recession.
- The energy shock due to the Middle East conflict is weighing on the outlook.
- Key risks arise from subdued economic activity, exposure to CRE lending, and shocks in the CESEE region.

### Financial sector structure
- A large and complex banking sector with significant exposure to Central Eastern and Southeastern European countries (CESEE) dominates the financial sector.
- Strong contributions to banking-sector performance come from the CESEE subsidiaries.

### Banking sector condition
- Despite domestic and external headwinds and a rise in NPLs in recent years in commercial real estate (CRE), the banking sector continues to be well capitalized, highly profitable and liquid.

### Risks and vulnerabilities
- Subdued economic activity is a central risk to financial stability.
- Exposure to commercial real estate (CRE) lending has been associated with a rise in NPLs in recent years.
- Shocks originating in the CESEE region constitute a material risk due to banks’ exposures.

### Thematic coverage (subjects and keywords)
- Subjects: Anti-money laundering and combating the financing of terrorism (AML/CFT); Asset and liability management; Crime; Financial sector policy and analysis; Financial sector stability; Liquidity; Macroprudential Policy; Stress testing.
- Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT); banking sector structure; central bank; cre loan; Europe; financial market; Financial sector stability; financial system composition; Fsap finding; Global; IMF staff; Liquidity; Macroprudential policy; Middle East; risk analysis; Stress testing; work of the Financial Sector Assessment Program.

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## Content in this bundle

- **Austria: Financial System Stability Assessment; IMF Country Report No. 26/181; June 23, 2026**
  - [Austria: Financial System Stability Assessment; IMF Country Report No. 26/181; June 23, 2026 (Markdown version)](/-/media/files/publications/cr/2026/english/1autea2026003.pdf.md){rel="alternate" type="text/markdown"}
  - [Austria: Financial System Stability Assessment; IMF Country Report No. 26/181; June 23, 2026 (PDF)](/-/media/files/publications/cr/2026/english/1autea2026003.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2026/07/17/austria-financial-system-stability-assessment-577785_