Spain: Financial System Stability Assessment

Spain: Financial System Stability Assessment
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Volume/Issue: Volume 2024 Issue 154
Publication date: June 2024
ISBN: 9798400277887
$20.00
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Topics covered in this book

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Banks and Banking , Finance , Money and Monetary Policy , International - Economics , cash flow , coverage ratio , financial system , core inflation , Tier 1 , research support , Financial sector stability , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Financial Sector Assessment Program , Credit , Commercial banks , Global

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Summary

The Financial Sector Assessment Program (FSAP) took place in an uncertain economic environment with tight monetary and financial conditions and elevated downside risks. The bank-dominated Spanish financial system has shown resilience against shocks and household and nonfinancial corporate sectors have continued to de-lever their balance-sheets. Nonbank financial intermediation comprises a smaller share of the financial system.