publication . Preprint . Article . 2013

Belgium; Technical Note on Stress Testing the Banking and Insurance Sectors

null International Monetary Fund;
Open Access
  • Published: 24 May 2013
Abstract
The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning.
doi: 10.5089/9781484381069.002
Subjects
Medical Subject Headings: health care economics and organizations
free text keywords: Belgium;Banking sector;Financial Sector Assessment Program;Insurance;Liquidity;Risk management;Stress testing;banking, sovereign risk, capital adequacy, tier 1 capital
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Research Papers in Economics
Preprint . 2013
Provider: Research Papers in Economics
IMF Staff Country Reports
Article . 2014
Provider: Crossref
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