Denmark : Financial Sector Assessment Program: Technical Note: Stress Testing

1DNKEA2007010 Image
Price:  $18.00

Release Date: © March, 2007
ISBN : 978-1-45181-122-3
Stock #: 1DNKEA2007010
English
Stock Status: On back-order

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Description

This technical note describes the stress testing exercises carried out for the Danish commercial banking system and the insurance sector. The tests were conducted as part of the Financial Sector Assessment Program for Denmark and were developed in collaboration with the Danish Financial Supervisory Agency (DFSA) and Danmarks Nationalbank (DNB). Two approaches—bottom-up and top-down—were employed in the analysis. Results of the stress test show that under changing macroeconomic conditions, credit risk could materialize, causing a substantial deterioration in banks’ results.

Taxonomy

Financial institutions and markets , Insurance




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