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Monday, July 4, 2022

Central bank sees sharp increase in risk to financial stability

Risks to financial stability have increased sharply as a result of the coronacrisis, mostly as a result of the deep economic slump. Income and credit risk have increased as well, shows the latest Financial Stability Report by Banka Slovenije.

 

The central bank said Slovenian banks are resilient to risk and were well capitalised, not least due to measures taken at the national and international level to counter the impact of the health crisis. But due to the contraction of the economy, the risk stemming from the macroeconomic environment is “the highest since we’ve had an independent country,” the report says. Macroeconomic risk is designated as high, the highest on a four-level scale.

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