REGULAR PUBLICATIONS- MACROPRUDENTIAL ANALYSIS

last update 5 June 2008.

 






 


No. 6 - December 2007
PDF  366 KB

No. 5 - September 2007
PDF  349 KB

No. 4 - December 2006
PDF  331 KB

No. 3 - September 2006
PDF  295 KB

No. 2 - December 2005
PDF  274 KB

No. 1 - July 2005
PDF  281 KB

 

 

 

 

"Macroprudential Analysis" was the regular CNB publication published since July 2005. It provided information to the general public and the professional community on the functioning of the Croatian financial system and its relations with the economy, the public sector and the international environment. The focal point of "Macroprudential Analysis" was the identification of the possibility for development of the financial system in its main role of a reliable guardian of the national savings and an efficient source of liquidity and capital. At the same time, "Macroprudential Analysis" outlined difficulties and threats to this development due to inevitable presence of many risks that financial intermediaries and all other participants in the financial markets are exposed to in today's business environment.
This publication also provided a link to other topics covered by some of the older regular CNB publications, most notably the "CNB Bulletin" and "Banks Bulletin" with the former covering mainly topics such as macroeconomic developments and monetary policy and the latter covering changes in the structure and the functioning of the banking system and its supervisory and regulatory mechanisms. "Macroprudential Analysis" also covered other, as yet uncovered topics, such as real sector indebtedness, functioning of the non-banking financial intermediaries sector and the quality of the institutional framework of the financial system.
Guidelines for the preparation and the definition of the macroprudential analysis were outlined already back in 2000 in a publication entitled "Macroprudential Indicators of Financial System Soundness" (IMF Occasional Paper, 192). The new guidelines, on which the analysis given in this publication was mainly based, were published in May 2003, in the IMF publication "Financial Soundness Indicators – Background Paper".
The last issue of "Macroprudential Analysis" was published in December 2007, after which the publication has been replaced by "Financial Stability".