Search: financial institution

Sort by: Relevance Date
1–10 of 14 collapsed search results for financial institution
Did you mean financial institutions?

RBA Glossary definition for financial institution

financial institution – A company whose primary function is to intermediate between lenders and borrowers in the economy.

Search Results

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
financial stability, banking, modelling. Macrofinancial stress testing is a tool to help policymakers better understand the key systemic vulnerabilities in a financial system. ... The Reserve Bank of Australia's (RBA) macrofinancial bank stress testing
https://www.rba.gov.au/publications/rdp/2022/2022-03.html

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
1990s and the global financial crisis) and with those estimated in various iterations of APRA's industry-wide stress tests. ... For other domestic loan types (such as loans to financial institutions), we make some simplifying assumptions in recognition
https://www.rba.gov.au/publications/rdp/2022/2022-03/full.html

References

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
Download the Paper 2,027. KB. AASB (Australian Accounting Standards Board) (2021), ‘Compiled AASB Standard AASB 9 Financial Instruments’, 31 December. ... Bank of Japan (2020), ‘The Financial Macro-Econometric Model (FMM, March-2020 Version):
https://www.rba.gov.au/publications/rdp/2022/2022-03/references.html

Introduction

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
Recessions associated with financial crises are deeper than those that occur without a financial crisis, and the recovery from financial crises is also much slower (Jordà, Schularick and Taylor 2013). ... Our approach draws on many of the
https://www.rba.gov.au/publications/rdp/2022/2022-03/introduction.html

Future Work

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The Financial Stability Department of the RBA will continue to refine the model over time to ensure its usefulness as an analytical tool improves over time.
https://www.rba.gov.au/publications/rdp/2022/2022-03/future-work.html

Appendix A: Model Specifications

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
RDP 2022-03: Macrofinancial Stress Testing on Australian Banks Appendix A: Model Specifications. Nicholas Garvin, Samuel Kurian, Mike Major and David Norman. September 2022. Download the Paper 2,027. KB. This appendix presents a set of technical
https://www.rba.gov.au/publications/rdp/2022/2022-03/appendix-a.html

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
Research Discussion Paper – RDP 2022-03 Macrofinancial Stress Testing on Australian Banks. Nicholas Garvin, Samuel Kurian, Mike Major and David Norman. September 2022. 2,027. KB. The authors would like to thank current and former staff members
https://www.rba.gov.au/publications/rdp/2022/2022-03/sections.html

Read me file

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
RDP 2022-03: Macrofinancial Stress Testing on Australian Banks Read me file. Nicholas Garvin, Samuel Kurian, Mike Major and David Norman. September 2022. This ‘read me’ file contains the details of the supplementary material provided with RDP
https://www.rba.gov.au/publications/rdp/2022/2022-03/read-me.html

Model Framework

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
deposit rates to increase in response to declining bank capital ratios, but this is not currently modelled on the basis that the Financial Claims Scheme protects depositors from loss in the
https://www.rba.gov.au/publications/rdp/2022/2022-03/model-framework.html

Contagion Modelling and Feedback Loops

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
This arose because of both direct losses other financial institutions faced from their exposure to Lehman Brothers and the uncertainty about which other banks were similarly at risk of collapse as ... Banks are required to limit the size of their
https://www.rba.gov.au/publications/rdp/2022/2022-03/contagion-modelling-and-feedback-loops.html