Theoretical and Applied Economics
No. 2 / 2010 (543)
The Role of Stress-test Scenarios in Risk Management Activities and in the Avoidance of a New Crisis
Romanian Commercial Bank
Abstract.
Stress-tests can increase the endurance of banks and
financial system when faced with crises especially during economic
growth periods, when they may accept higher risks more easily and
with lower prices. Their importance was revealed by the crisis
which has proven to be much more severe in terms of amplitude
than the worst scenarios used by banks.
The case study presented assessed the impact that the
deterioration of the main macroeconomic indicators might have
upon a bank’s exposure to credit, FX, liquidity, interest,
operational and market risks, upon its capital requirements,
provisions and the balance sheet.
Contents
The Role of Stress-test Scenarios in Risk Management Activities and in the Avoidance of a New Crisis
On the Intensity of International Subsidy Competition for FDI
About How Did the First Ever Big Economic Crisis Look Like
The Role of Empathy in Developing the Leader’s Emotional Intelligence
The Health of the Economy as a Living Organism
The Role of Internal Audit in Optimization of Corporate Governance at the Groups of Companies
Banking Risk Management in the Light of Basel II
A Historical Approach of the Population Role in the Economic Development (Ancient period – the nineteenth century)
The Liability of the Employer and the Liability of the Employees between Civil Law and Labour Law