Sweden : Financial Sector Assessment Program Update: Technical Note on Contingent Claims Analysis Approach to Measure Risk and Stress Test the Swedish Banking Sector.

This paper describes the application of contingent claims analysis (CCA) and systemic CCA to the top four commercial banks in Sweden. The balance sheet stress tests for four major banks were complemented with tests based on the CCA framework, a risk-adjusted balance sheet relating bank asset values...

Cur síos iomlán

Sonraí bibleagrafaíochta
Údar corparáideach: International Monetary Fund
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2011.
Sraith:IMF Staff Country Reports; Country Report ; No. 2011/286
Rochtain ar líne:Full text available on IMF
Cur síos
Achoimre:This paper describes the application of contingent claims analysis (CCA) and systemic CCA to the top four commercial banks in Sweden. The balance sheet stress tests for four major banks were complemented with tests based on the CCA framework, a risk-adjusted balance sheet relating bank asset values to equity value, default risk, and bank funding costs. Even though the results show that banks are found to be resilient to shocks, more work on systemic risk models could help analyze systemic risk under stress scenarios.
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Cur síos fisiciúil:1 online resource (33 pages)
Formáid:Mode of access: Internet
ISSN:1934-7685
Rochtain:Electronic access restricted to authorized BRAC University faculty, staff and students