IMF Staff Country Reports

Saudi Arabia: Financial System Stability Assessment

October 5, 2017

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Saudi Arabia: Financial System Stability Assessment, (USA: International Monetary Fund, 2017) accessed December 26, 2024

Also available in: العربية

Summary

This paper assesses the stability of Saudi Arabia’s financial system as a whole. Banks—the core of the Saudi financial system—remain liquid and resilient. Stress tests show that most banks, including all systemically important banks, would be able to continue operating and meeting regulatory capital requirements in the event of additional severe economic shocks, characterized by oil prices falling substantially below current levels. Despite the recent liquidity challenges, all banks would also be able to cope with additional adverse liquidity shocks. The authorities’ ambitious agenda for improving macro- and microprudential financial sector oversight should be fully implemented and, in some cases, enhanced and further refined.

Subject: Asset and liability management, Banking, Commercial banks, Financial institutions, Financial sector policy and analysis, Financial sector stability, Liquidity, Liquidity management, Macroprudential policy

Keywords: Asset quality, Balance sheet composition, Banking system, Commercial bank, Commercial banks, Control department, CR, EWS analysis, Exchange rate, Financial condition, Financial sector stability, Funding strategy, Global, ISCR, Liquidity, Liquidity condition, Liquidity management, Liquidity management framework, Macroprudential policy, Price index, Repo facility, Risk profile, Sama manage liquidity, Sama strategy document

Publication Details

  • Pages:

    36

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Country Report No. 2017/318

  • Stock No:

    1SAUEA2017003

  • ISBN:

    9781484323458

  • ISSN:

    1934-7685