Colombia: Financial Sector Assessment Program-Technical Note on Risk Analysis

Colombia: Financial Sector Assessment Program-Technical Note on Risk Analysis
READ MORE...
Volume/Issue: Volume 2022 Issue 158
Publication date: June 2022
ISBN: 9798400212352
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , International - Economics , banking liquidity indicator , FSAP solvency stress test hurdle rates , banking liquidity indices , liquidity risk index , IMF-World Bank Financial Sector Assessment Program , Stress testing , Liquidity , Commercial banks , Liquidity requirements , Credit , Central America , Global

Summary

The Financial Sector Assessment Program (FSAP) risk analysis work was conducted in the aftermath of the initial COVID shock and subsequent lockdowns, and while a strong economic recovery was underway in Colombia during 2021. Given the persistent uncertainty around the evolution of the COVID-19 virus, and for the trajectory of the economic recovery, the outlook remained subject to significant revisions throughout the year. While the workstreams took the latest macroeconomic and supervisory data updates into account as much as possible for the various analyses, the test results and their implications should be interpreted with caution due to high uncertainty around the central projections and downside risks.