Moldova Financial Sector Assessment Program : Stress Testing

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...

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Bibliographic Details
Main Author:	International Monetary Fund
Format:	Report
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	CURRENCY MISMATCHES DEPOSIT CAPITAL MARKETS HOLDING REGULATORY FRAMEWORK EQUITY INSTRUMENT BORROWER CORPORATE DEFAULT INTEREST INCOME OIL PRICE NPL DEPOSITS FIXED INCOME DEFAULTS STOCK VALUATION INTEREST MATURITY DATE INTEREST RATE EXCHANGE BANKING SYSTEM LIQUIDITY REPAYMENTS DEFAULT PROBABILITY PORTFOLIO LIQUIDITY RISK DEFAULT RISK BONDS CAPITAL ADEQUACY MACROECONOMIC CONDITIONS LOAN PROBABILITY OF DEFAULT BORROWERS NON-PERFORMING LOANS GOVERNMENT BOND INFLATION CASH FLOWS OUTPUT LOSSES INSTRUMENTS CENTRAL BANK MATURITY WITHDRAWALS MARKET LIQUIDITY VALUATION CHANGES OIL PRICES GLOBAL ECONOMY CURRENCY DOMESTIC CURRENCY EXCHANGE RATE MOVEMENTS INCOME INSTRUMENTS BOND YIELD PORTFOLIOS DEBTS RISK FACTOR FOREIGN CURRENCIES EXCHANGE RATES TRADING CREDIT RISKS INTEREST RATES MONETARY FUND SOVEREIGN BOND MONEY MARKET RATE DOMESTIC BANKS MARKETS DEBT COUPON PAYMENT SOVEREIGN RATING BANK LIQUIDITY LOANS RESERVES GROSS DOMESTIC PRODUCT FINANCIAL SYSTEM INVESTMENT RISKS FINANCE FOREIGN CURRENCY DOMESTIC BANK TAXES LOAN CATEGORY BANKING SECTOR GOVERNMENT SECURITIES TRANSACTIONS EMERGING MARKETS EQUITY FINANCIAL STABILITY FINANCIAL CRISIS MARKET PRICES LIQUIDITY RATIOS BOND PORTFOLIO FUTURE DEPOSIT LIABILITIES CAPACITY CONSTRAINTS LIQUIDITY POSITION EQUITY INVESTMENTS DOMESTIC BANKING CAPITALIZATION ASSET QUALITY LOAN PORTFOLIO FOREIGN BANKS BALANCE SHEET MARKET DEFAULT LOCAL CURRENCY FOREIGN EXCHANGE MARKET RISK EQUITY INVESTMENT DEFAULT PROBABILITIES MONETARY POLICIES INVESTMENT PORTFOLIOS SECURITIES SOLVENCY CAPITAL INFLOW CREDIT SPREADS RISK FACTORS MARKET RISKS CREDIT RISK MACROECONOMIC VARIABLES HOLDINGS CURRENCIES EQUITY INSTRUMENTS GOVERNMENT BONDS DOMESTIC GOVERNMENT BONDS EQUITY HOLDINGS CORPORATE BONDS MARKET SHARE NONPERFORMING LOAN DEBT INSTRUMENTS STOCK EXCHANGE NATIONAL BANK INVESTMENT LENDING INTEREST RATE BOND DOMESTIC CREDIT SOVEREIGN BONDS SHARE CORPORATE BOND BANKRUPTCIES BALANCE SHEETS COLLATERAL FINANCIAL MARKETS FLOATING RATE RISK MEASUREMENT INDIVIDUAL BOND CURRENCY RISK COUPON CAPITAL INFLOWS MONEY MARKET LIQUIDITY POSITIONS INVESTMENTS LENDING DEBT INSTRUMENT INTEREST RATE RISK LIQUIDITY RATIO CREDIT GROWTH BANKING SECTOR ASSETS MATURITIES EXCHANGE RATE INSTRUMENT REMITTANCES LIABILITIES HEDGE LIQUID ASSETS INTERNATIONAL SETTLEMENTS CREDIT LINES FOREIGN BANK
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25149649/moldova-financial-sector-assessment-program-technical-note-stress-testing http://hdl.handle.net/10986/22905