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ИД «Финансы и кредит»






Finance and Credit

Methodological approaches and international experience in stress testing in commercial banks

Vol. 21, Iss. 24, JUNE 2015

PDF  Article PDF Version

Available online: 25 June 2015

Subject Heading: Banking

JEL Classification: 

Pages: 14-21

Krasheninnikov N.V. Financial University under Government of Russian Federation, Moscow, Russian Federation

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.

Keywords: financial stability, stress testing, banking


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