various stress tests that perform specific tasks, and 2024 will be philippines telegram data no exception. In particular, we have already launched supervisory stress testing of banks using the bottom-up method — banks are now actively conducting calculations and will soon send them to us for verification. Also on the agenda is a climate stress test and a macroprudential stress test of the financial sector.
Scenarios primarily depend on the testing
objectives, and I would like to note that we always lay down the most realistic scenarios. We usually use macroeconomic scenarios from the main directions of monetary policy or specially developed narrowly targeted scenarios for a certain type of stress. For example, this year, in supervisory stress testing using the bottom-up method, we offered banks to test the risk scenario of the Bank of Russia.
A serious test of the banking sector’s strength
Have banks used financial stability recovery plans (FSRPs) in stressful sony: renowned for picture quality and audio conditions? Are you satisfied with the FSRP tool? Is there a plan to develop it?
— Not all measures from the plans to restore the financial stability of banks were implemented in practice. At that time, many banks had their capital and liquidity standards reduced. And banks agb directory solved some of the problems using standard methods provided by the PVFU. For example, they sold some assets or raised deposit rates when they needed to attract liquidity.