weaknesses in bank balance sheets, consumption-led economic growth, and relatively high net interest margins. Bank-level analysis … suggests that interest margins in the Philippines rise with bank size, bank capitalization, foreign ownership, overhead costs … and tax rates. Using bank-level data for a number of Asian economies, we find that higher growth, lower inflation, higher …

is a core of strong banks that are well managed and appear resilient to further shocks, vulnerabilities remain …. Substantial progress has been made in reforming the former savings banks, and the most vulnerable institutions have either been … further restructuring and recapitalization of some of the remaining weaker banks may be needed as a result of deteriorating …

, sovereign risk, upcoming changes in the regulatory rules, and behavioral changes of banks. The test results revealed that German … banks are robust against many shocks, and that important vulnerabilities still remain. …

keep up-to-date with banking sector developments. Banks face a reputation risk arising from exposure to money laundering … plans for dealing with bank failures and other problem cases. Experience elsewhere suggests also that it can be valuable to …

banks built up large exposures in the Baltics that significantly increased loan losses beyond normal recessionary levels. In …