Austria : Publication of Financial Sector Assessment Program Documentation, Detailed Assessment of Basel Core Principles for Effective Banking Supervision.

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Bibliographic Details
Imprint:Washington, District of Columbia : International Monetary Fund, 2014.
©2014
Description:1 online resource (323 pages) : illustrations, tables.
Language:English
Series:IMF Country Reports ; 14/13
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11304398
Hidden Bibliographic Details
ISBN:9781484375655
1484375653
9781484374948
1306454557
9781306454551
Notes:Online resource; title from PDF title page (ebrary, viewed March 7, 2014).
Summary:This paper discusses key findings of the Detailed Assessment of Basel Core Principles for Effective Banking Supervision on Austria. Since the outbreak of the financial crisis, some Austrian credit institutions had to be nationalized as an ad hoc measure to prevent contagion effects and to preserve financial stability. Bank capital ratios are improving but still lag behind other internationally active banks. Bank profits have been affected by low net interest income and risk provisioning reflecting higher nonperforming loans ratios. Austrian banks' funding structure is relatively stable, and financing conditions have improved since the peak of the crisis.
Other form:Print version: Austria : publication of financial sector assessment program documentation, detailed assessment of basel core principles for effective banking supervision. Washington, District of Columbia : International Monetary Fund, ©2014 321 pages IMF Country Reports ; 14/13 9781484374948