Financial Stability Report

The Financial Stability Report reviews and assesses the macro-financial conditions and developments of the financial system in Malta. It evaluates the resilience of the system and identifies sources of potential systemic risk. It also makes recommendations to preserve and, where necessary, improve the robustness of the financial system. Furthermore, the Report promotes awareness of the workings of the financial system and related financial stability issues. The Financial Stability Report is published on an annual basis with a mid-yearly update. Summary reports for periods prior to 2008 can be found in respective editions of the Bank’s Quarterly Review and Annual Report.

FSR 2022

Press Release
Full Report
Executive Summary
Chapter 1 - Macroprudential Risk Assessment 1.1 Vulnerabilities outside the financial system 1.2 Vulnerabilities within the financial system 1.3 Risk horizon Box 1: A Cyclical Systemic Risk Indicator in Malta
Chapter 2 - Developments in the Banking Sector 2.1 Core Domestic Banks Box 2: Bank Lending Survey Results 2.2 Non-Core Domestic Banks 2.3 International Banks
Chapter 3 - Stress Tests Box 3: Expected Credit Loss Model Box 4: The Accounting Treatment of Debt Securities Holdings in IFRS9 Box 5: Assessing the Vulnerability of Maltese Indebted Households to Inflationary and Interest Rate Shocks based on the Household Stress Testing Framework
Chapter 4 - Insurance Companies and Investment Funds 4.1 Domestic insurance companies 4.2 Domestic investment funds Box 6: Experimental and Analytical Climate Change-related Indicators for the Financial Sector in Malta
Chapter 5 - Macroprudential Policy Response Box 7: Implementation of a sectoral SyRB in Malta
Appendices