Israel : Financial System Stability Assessment.

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 alre...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Staff Country Reports; Country Report ; No. 2012/069
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (56 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students