Subject Under the global risk of insolvency of systemically important institutions, regulators and bank management have to develop approaches to identifying this risk at its early stages, including through the introduction of stress testing methods and development of financial recovery plans of major market players. Objectives The aim of the study is to develop a theoretical underpinning and practical proposals for building methodological approaches to the stress testing system organization in Russian banks based on international experience. Methods The methodological basis of the study is the analysis of works of Russian scientists and economists, statistical and analytical data of domestic and foreign regulatory and supervisory authorities, materials of scientific conferences and congresses, as well as my personal observations. Results I have developed methodological and practical recommendations enabling to apply the stress-testing model of key risks at the macro and micro level in the banking industry. The methodological approaches to the stress testing organization may be useful for Russian commercial banks and State regulatory bodies in making decisions on assessing the financial soundness of credit institutions. Conclusions I conclude that stress testing is a part of integrated approach to risk management. It plays a leading role in strengthening corporate governance and stability of banks and banking systems.
Bankovskii menedzhment [Bank management]. Moscow, KnoRus Publ., 2011, 560 p.
Bankovskie riski [Bank risks]. Moscow, KnoRus Publ., 2007, 232 p.
Bankovskoe delo [Banking]. Moscow, Ekonomist" Publ., 2006, 766 p.
Vinogradov A.V. Kompleks modelei stress-testirovaniya rossiiskogo bankovskogo sektora [A set of stress testing models of the Russian banking sector]. Den'gi i kredit = Money and Credit, 2011, no. 3, pp. 29–33.
Krivosheev V. Upravlenie bankovskimi riskami [Bank risk management]. Moscow, NORMA Publ., 2007, p. 56.
Krasheninnikov N.V. Kakie parametry ispol'zuyutsya segodnya dlya otsenki finansovoi ustoichivosti bankov? [What parameters are currently used for assessing the financial stability of banks?] Upravlenie v kreditnoi organizatsii = Management in Credit Organization, 2014, no. 2, pp. 8–9.
Krasheninnikov N.V. Bankovskoe kreditovanie i identifikatsiya krizisov na rannikh stadiyakh [Bank lending and identification of crises at early stages]. Upravlenie v kreditnoi organizatsii = Management in Credit Organization, 2013, no. 3, pp. 79–90.
Canamero M. Moody’s Analytics 2011Stress Testing Banking Survey. Available at: Link.
Сanamero M. Financial Risk Management. Available at: Link.
Moiseev S.R. Tainy stress-testov [Secrets of stress tests]. Bankovskoe delo = Banking, 2010, no. 6, p. 37.
Otsenka finansovoi ustoichivosti kreditnoi organizatsii [Assessing the financial stability of a credit organization]. Moscow, KnoRus Publ., 2011, 304 p.
O stress-testirovanii, provodimom Bankom Rossii [On stress testing performed by the Bank of Russia]. Available at: Link. (In Russ.)
Podkhody k organizatsii stress-testirovaniya v kreditnykh organizatsiyakh (na osnove mezhdunarodnoi finansovoi praktiki) [Approaches to the organization of stress testing in credit organizations (on the basis of the international financial practice)]. Available at: Link. (In Russ.)
Rol' kredita i modernizatsiya deyatel'nosti bankov v sfere kreditovaniya [A role of the loan and modernization of bank activity in the sphere of lending]. Moscow, KnoRus Publ., 2012, 272 p.
Sevruk V.T. Bankovskie riski [Bank risks]. Moscow, Delo LTD Publ., 2007, p. 61.
Sorge M. Stress-testing Financial Systems: An Overview of Current Methodologies. BIS Working Papers, 2014, no. 165.
