New Zealand Bank Vulnerabilities in International Perspective.

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Bibliographic Details
Author / Creator:Cubero, Rodrigo.
Imprint:Washington : International Monetary Fund, 2009.
Description:1 online resource (54 pages)
Language:English
Series:IMF Working Papers ; v. Working Paper No. 09/224
IMF Working Papers.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502497
Hidden Bibliographic Details
Other authors / contributors:Brooks, Ray.
ISBN:9781452745015
1452745013
1451917902
9781451917901
Notes:English.
Print version record.
Summary:The global financial crisis is creating stress on banking systems across the world through funding and asset quality shocks. This paper combines different stress scenarios, as well as cross-country analysis, to assess New Zealand bank vulnerabilities to the global crisis and the domestic recession. It finds that a sharp worsening of asset quality would be required to reduce bank capital below the regulatory minimum. On the funding side, a disruption to banks' offshore funding may put pressure on the exchange rate, but would not trigger a systemic liquidity problem.
Other form:Print version: Cubero, Rodrigo. New Zealand Bank Vulnerabilities in International Perspective. Washington : International Monetary Fund, ©2009 9781451873719