Australian Bank and Corporate Sector Vulnerabilities: An International Perspective
Patrizia Tumbarello and
No 2009/223, IMF Working Papers from International Monetary Fund
This paper focuses on how the exposure to the corporate sector may impact the health of the Australian banking system. It also compares Australian banks with their international peers. Finally, it investigates banks' exposure to credit risk using the new Basel II Pillar 3 disclosure data. The analysis shows that Australian banks have remained very sound by international standards, despite the global financial turmoil. While the international downturn points to several vulnerabilities, the risks from the corporate and household sectors appear to be manageable.
Keywords: WP; bank; asset; Tier 1; Australia; contingent claim analysis; bank asset quality; stress tests; disclosure statement; AA credit ratings; bond issuance; loan portfolio; asset quality; banks' capital ratios; bank capital; Capital adequacy requirements; Mortgages; Loans; Corporate sector; Residential mortgages; Australia and New Zealand; Global (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2009/223
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().