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- 1.
This includes limits on net open currency positions and limits on maturity mismatch.
- 2.
This includes countercyclical or time-varying capital requirements and time-varying or dynamic provisioning.
- 3.
The changeover is expected to be effective in 2018 (Pool et al. 2015.
- 4.
The significance of these responses to one positive standard deviation credit provisioning shock is shown in Fig. A.18.1.
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Appendix
Appendix
Positive annual credit provisions shocks and growth in the various credit categories (Source: Authors’ calculations)
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Gumata, N., Ndou, E. (2017). Credit Loss Provisions as a Macro-prudential Tool. In: Bank Credit Extension and Real Economic Activity in South Africa. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-43551-0_18
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