Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
The Financial Stability Review is the Bank of Russia's key thematic document. It is published twice a year (in May and November). It describes the vulnerabilities of the financial system, analyzes potential shocks, and assesses the resilience of financial institutions.
A shock is an event that may cause a part of the financial system to fail or cease to function.
Vulnerability is a property of an economy that:
reflects accumulated imbalances in the economy; may increase the likelihood of a shock; and may lead to systemic failures as a result of a shock.
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.