02156cas a2200241 a 4500 AALejournalIMF016661 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513505589 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Republic of Moldova : Financial Sector Assessment Program-Bank Crisis Resolution-Stress Testing. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (36 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This note discusses the stress tests that were carried out on Moldova's banking system as part of the 2014 Financial Sector Assessment Program (FSAP) Update. The objective of this exercise was to assess the resilience of the banking system to major sources of risk. The stress tests were conducted in collaboration with the National Bank of Moldova (NBM), and complement other approaches, such as the analysis of financial indicators and the assessment of the quality of supervision. The stress tests focused on the banking system and covered all 14 banks operating in the country. Top-down solvency stress tests were conducted jointly by the FSAP team and staff from NBM, using supervisory data. These stress tests were complemented by bottom-up stress tests, conducted by individual banks using their own internal models, but applied to the macroeconomic scenarios provided by the FSAP team. In addition, liquidity stress tests, together with complementary sensitivity analysis were also carried out on all banks in the system. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/074 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/074/002.2016.issue-074-en.xml IMF e-Library