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Czech Republic: Financial System Stability Assessment Update

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  • International Monetary Fund

Abstract

This paper presents a financial system stability assessment update for the Czech Republic. The financial system is confronted with a number of growing risks. Owing to a high reliance of the Czech economy on exports to European Union (EU) countries, the main risk stems from negative developments in EU countries. The results of stress tests show that Czech banks can withstand substantial shocks. The paper reports that the regulatory and supervisory framework for financial institutions is generally sound, although inadequate resources are a major weakness.

Suggested Citation

  • International Monetary Fund, 2012. "Czech Republic: Financial System Stability Assessment Update," IMF Staff Country Reports 2012/177, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2012/177
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=26070
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    Cited by:

    1. CRISTE, Adina, 2014. "Reference Points For Financial Instability In The Euro Zone Candidates Countries," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 18(3), pages 58-75.

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