Hidden Bibliographic Details
Other authors / contributors: | Brooks, Ray.
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ISBN: | 9781452745015 1452745013 1451917902 9781451917901
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Notes: | English. Print version record.
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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.
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Other form: | Print version: Cubero, Rodrigo. New Zealand Bank Vulnerabilities in International Perspective. Washington : International Monetary Fund, ©2009 9781451873719
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