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.

Interim FSR 2023

Press Release
Full Report
Executive Summary
Chapter 1 - Macroprudential Risk Assessment and Policy Response 1.1 Macroprudential risk assessment Summary of Risks Box 1: Revisiting climate-sensitive exposures of holding companies 1.2 Macroprudential regulatory developments Box 2: An overview of bank regulatory requirements
Chapter 2 - Developments in the Banking Sector 2.1 Core Domestic Banks 2.2 Non-core Domestic Banks 2.3 International Banks Special Feature: A measure of the credit gap for Malta
Chapter 3 - Stress Tests 3.1 Scenario-based solvency stress tests 3.2 Liquidity stress tests 3.3 Interest Rate Risk in the Banking Book
Chapter 4 - Insurance Companies and Investment Funds 4.1 Domestically-relevant insurance companies Box 3: Revisiting the methodology for selecting domestically-relevant insurance companies 4.2 Domestically-relevant investment funds
Appendix