Israel: Financial System Stability Assessment

International Monetary Fund

No 2012/069, IMF Staff Country Reports from International Monetary Fund

Abstract: This 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 and in aggregate, buffers are at comparatively comfortable levels. The authorities already operate an effective, proactive, and sophisticated system of financial sector oversight, which, however, 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.

Keywords: ISCR; CR; bank subsidiary; financial system; resolution regime; bank supervisor; bank member; bridge bank; liquidity assistance; BOI macro-model; banking system; forecasted path; interest rate; credit risk; Stress testing; Insurance companies; Corporate bonds; Commercial banks; Global; Europe (search for similar items in EconPapers)
Pages: 56
Date: 2012-04-02
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25815 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2012/069

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().