Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Western Hemisphere Department, issuing body.
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| ISBN: | 9781452772240
145277224X
1282845942
9781282845947
9781455200672
1455200670
1462395090
9781462395095
9786612845949
6612845945
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| Notes: | Includes bibliographical references (pages 20-21).
Print version record.
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| Summary: | "This paper explores how the global turmoil affected the risk of banks operating in Chile, and provides evidence that could help strengthen work on vulnerability indicators and off-site supervision. The analysis is based on the study of default risk codependence, or CoRisk, between Chilean banks and global financial institutions. The results suggest that the impact of the global financial crisis was limited, inducing at most a one-rating downgrade to banks operating in Chile. The paper concludes by assessing government measures aimed at reducing systemic risk in the domestic banking sector and the recommendations to allocate SWF assets to domestic banks."
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| Other form: | Print version: Chan-Lau, Jorge A. Global financial crisis and its impact on the Chilean banking system. [Washington, D.C.] : International Monetary Fund, 2010
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