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Austria: Financial Sector Assessment Program Technical Note: Stress Testing and Short-Term Vulnerabilities

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  • International Monetary Fund

Abstract

This technical note focuses on the Austrian banking system that exhibits considerable resilience against shocks determined by stress tests. The main sources of risk lie in the credit risk arising from exposures to Central, Eastern, and Southeastern Europe (CESE) and the Commonwealth of Independent States (CIS), indirect credit risk from foreign currency lending, and credit risk from domestic lending. The Austrian banking systems exhibits ample liquidity. In-depth discussions with the larger banks show that their modeling capacities vary.

Suggested Citation

  • International Monetary Fund, 2008. "Austria: Financial Sector Assessment Program Technical Note: Stress Testing and Short-Term Vulnerabilities," IMF Staff Country Reports 2008/204, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/204
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    References listed on IDEAS

    as
    1. Michael Boss & Gerald Krenn & Claus Puhr & Martin Summer, 2006. "Systemic Risk Monitor: A Model for Systemic Risk Analysis and Stress Testing of Banking Systems," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 11, pages 83-95.
    2. Michael Boss & Gerald Krenn & Claus Puhr & Markus Schwaiger, 2007. "Stress Testing the Exposure of Austrian Banks in Central and Eastern Europe," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 13, pages 115-134.
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