Spain: Financial System Stability Assessment

Author: International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2024 Issue 154

Publication date: June 2024

ISBN: 9798400277887

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , International - Economics , cash flow , coverage ratio , financial system , core inflation , Tier 1 , research support , Financial sector stability , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Financial Sector Assessment Program , Credit , Commercial banks , Global

Also of interest

Peru

Grenada

Nepal

Peru

Summary

The Financial Sector Assessment Program (FSAP) took place in an uncertain economic environment with tight monetary and financial conditions and elevated downside risks. The bank-dominated Spanish financial system has shown resilience against shocks and household and nonfinancial corporate sectors have continued to de-lever their balance-sheets. Nonbank financial intermediation comprises a smaller share of the financial system.