STRESS TESTING FOR SYSTEMICALLY IMPORTANT BANKS
Rationale Despite the fact that systemically important banks belong to the «too big to fail» category (too large to suffer bankruptcy), most of them have suffered considerable losses which appeared as a consequence of the crisis. The necessity to find new tools, methods and techniques, from which will depend on not only the financial situation of systemically important banks, but the entire stability of the financial system as a whole, seems to become a genuine concern. Objectives The main goal of the conducted research was to study the international experience of regulation and supervision of systemically important banks as well as the consideration of complex econometric models used in other countries. Methodology Such scientific methods as theoretical analysis and synthesis, induction and deduction, comparison and classification have been employed within the current research. Results The study of methods and techniques used by the Central Bank with respect to systemically important banks has been conducted as well as the analysis of the models used in the foreign experience has been made. Conclusions and Relevance The analysis of the stress test content of foreign countries has been conducted and different models of factors affecting systemically important banks have been analyzed. The advantages and disadvantages of the models have been defined and reflected.