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Austria : Financial Stability Assessment
Press Release; Staff Report; and Statement by the Executive Director for Austria

Series:Country Report No. 20/35
ISBN 9781513528786
Code: #1AUTEA2020001

Publication year: 2020

Cdn: $25.00; US: $18.00
Language: English
60 pages
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Growth in Austria has been strong, but the outlook has moderated, and financial vulnerabilities are building up. Structural vulnerabilities include a large and tiered banking system, complex ownership structures and financial interlinkages, and a focus on Central, Eastern, and South Eastern Europe (CESEE) markets. Banks are exposed to cyclical risks from volatility in the CESEE, and rising vulnerabilities in the housing market. The solvency coverage ratio of insurance firms is high, but the sector suffers from low growth, low interest rates, and future profitability risk.
Austria : Financial Stability Assessment
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 126957 Added: 2020.2.9