Russian Federation: Financial Sector Assessment Program : Technical Note-Stress Testing

This note presents the methodology and results of stress tests of the financial sector carried out as part of the 2016 Financial Sector Assessment Program (FSAP) for the Russian Federation. 1 To provide a comprehensive assessment of the banking system, the stress testing exercise comprised several different tests: a top-down stress test performed by the Central Bank of Russia (CBR), a bottom-up stress test performed by banks, a separate top-down exercise that included asset quality adjustments performed by staff, single-factor tests performed by CBR, and liquidity tests performed by CBR.