Վերահսկողական սթրես թեստավորումը որպես ՀՀ առևտրային բանկերի ֆինանսական ռիսկերը կառավա­րելու նոր գործիք/SUPERVISORY STRESS TESTING AS A NEW TOOL FOR CONTROLLING FINANCIAL RISKS OF RA COMMERCIAL BANKS

Abstract

Nowadays, stress testing has emerged as a common tool for financial supervision and regulation with many countries undertaking related reforms. The International Financial Reporting Standard (IFRS) 9 has prescribed stress testing for banks and financial institutions as an exercise to determine the volatility in the expected credit loss in baseline and adverse scenarios such as significant deceleration in GDP growth or sharp increase in unemployment rates. The Basel Committee on Banking Supervision (BCBS) is finalising a new set of guidelines to replace the stress testing principles set in 2009. Using a concurrent stress testing approach will go a long way in strengthening the financial systems. Supervisory (concurrent) stress testing exercises today have many different goals, with some exercises having multiple objectives. The paper describes the features of supervisory stress testing, the study of macro and banking factors, their impact on the NPL ratio. The analysis will make it possible to introduce supervisory stress testing in Armenian banks and use it as an important tool for managing financial risks.