Source:
World Bank
Release:
Global Financial Development
Units:
Z-score, Not Seasonally Adjusted
Frequency:
Annual
Notes:
It captures the probability of default of a country's banking system, calculated as a weighted average of the z-scores of a country's individual banks (the weights are based on the individual banks' total assets). Z-score compares a bank's buffers (capitalization and returns) with the volatility of those returns.
It captures the probability of default of a country's banking system, calculated as a weighted average of the z-scores of a country's individual banks (the weights are based on the individual banks' total assets). Z-score compares a bank's buffers (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. (Calculated from underlying bank-by-bank unconsolidated data from Bankscope)
Source Code: GFDD.SI.01
Suggested Citation:
World Bank,
Bank Z-Score for Cayman Islands [DDSI01KYA645NWDB],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/DDSI01KYA645NWDB,
December 15, 2019.