Quantitative Assessment of a Financial System: Barbados, Issues 2005-2076
A banking system module is incorporated into the Central Bank of Barbados's multisectoral macroeconomic forecasting model, and a medium-term forecast is generated for bank capitalization, profitability, liquidity and nonperforming loans. Stress tests are performed for the first year of the forecast, to test the banking system's resilience to real sector shocks. The analysis, which would in practice be only part of the vulnerability assessment, indicates that the banking system is stable and resilient to macroeconomic shocks of a type and magnitude that Barbados has experienced in the past.
What people are saying - Write a review
We haven't found any reviews in the usual places.
20 percent 2003 see Figure account transactions analysis Autocorrelation average balance of payments Bank of Barbados bank performance bank profitability banking sector banking system Barbadian Financial Sector baseline scenario BCCI Capital(Tier Central Bank Commercial banks current account current construction boom domestic economic financial forecasts financial institutions Financial Sector Forecasts financial services Financial Structure Financial System Stability forecast of bank foreign banks foreign currency foreign exchange FSIs FSSA GDP Nominal heteroskedasticity higher interest rates IFSC imported inflation increase in NPLs informal market interest income levels of inflation locally incorporated banks loss reserves Market Prices medium term mortgages nonperforming loans NPL to total paper percent of GDP Private Sector Credit quantitative ratio of nonperforming ratio of NPLs rationed only once real GDP regression Return on Assets risk risk-weighted asset ratio selected countries listed Source stress tests subsidiaries of foreign System Stability Assessment Tier total loans tourism earnings treasury bills Trinidad and Tobago variable Worrell