LEADER 04985oam 22011774 450 001 9910154899403321 005 20230808205503.0 010 $a1-4755-4483-9 010 $a1-4755-4489-8 035 $a(CKB)4340000000018103 035 $a(MiAaPQ)EBC4745301 035 $a(IMF)WPIEA2016200 035 $a(EXLCZ)994340000000018103 100 $a20020129d2016 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aAssessing Liquidity Buffers in the Panamanian Banking Sector /$fAndras Komaromi, Metodij Hadzi-Vaskov, Torsten Wezel 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (23 pages) $cillustrations, tables 225 1 $aIMF Working Papers 311 $a1-4755-4482-0 320 $aIncludes bibliographical references. 330 3 $aThis paper assesses the resilience of Panamanian banks to (i) a very severe short-term, and (ii) a significant long-lasting liquidity shock scenario. Short-term liquidity buffers are evaluated by approximating the Liquidity Coverage Ratio (LCR) defined in the Basel III accord. The risk of losing a substantial part of foreign funding is analyzed through a conventional liquidity stress test scrutinizing several layers of liquidity across maturity buckets. The results of this study point to some vulnerabilities. First, our approximations indicate that about half of Panamanian banks would need to adjust their liquid asset portfolios to meet current LCR standards. Second, while most banks would be able to meet funding outflows in the stress-test scenario, a number of banks would have to use up all of their liquidity buffers, and a few even face a final shortfall. Nonetheless, most banks displaying sizable liquidity shortfalls have robust solvency positions. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2016/200 606 $aBanks and banking$zPanama 606 $aLiquidity (Economics) 606 $aLiquid assets$zPanama 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aInvestments: General$2imf 606 $aFinancial Institutions and Services: General$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aPortfolio Choice$2imf 606 $aInvestment Decisions$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aFinancial services law & regulation$2imf 606 $aBanking$2imf 606 $aFinance$2imf 606 $aInvestment & securities$2imf 606 $aLiquidity requirements$2imf 606 $aLiquidity$2imf 606 $aCommercial banks$2imf 606 $aLiquidity stress testing$2imf 606 $aFinancial regulation and supervision$2imf 606 $aAsset and liability management$2imf 606 $aFinancial institutions$2imf 606 $aFinancial sector policy and analysis$2imf 606 $aSecurities$2imf 606 $aBanks and banking$2imf 606 $aState supervision$2imf 606 $aEconomics$2imf 606 $aFinancial instruments$2imf 607 $aPanama$2imf 615 0$aBanks and banking 615 0$aLiquidity (Economics) 615 0$aLiquid assets 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aInvestments: General 615 7$aFinancial Institutions and Services: General 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aPortfolio Choice 615 7$aInvestment Decisions 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aFinancial services law & regulation 615 7$aBanking 615 7$aFinance 615 7$aInvestment & securities 615 7$aLiquidity requirements 615 7$aLiquidity 615 7$aCommercial banks 615 7$aLiquidity stress testing 615 7$aFinancial regulation and supervision 615 7$aAsset and liability management 615 7$aFinancial institutions 615 7$aFinancial sector policy and analysis 615 7$aSecurities 615 7$aBanks and banking 615 7$aState supervision 615 7$aEconomics 615 7$aFinancial instruments 676 $a332.1 700 $aKomaromi$b Andras$01377061 701 $aHadzi-Vaskov$b Metodij$01378121 701 $aWezel$b Torsten$01117600 801 0$bDcWaIMF 906 $aBOOK 912 $a9910154899403321 996 $aAssessing Liquidity Buffers in the Panamanian Banking Sector$93652819 997 $aUNINA