Financial Stability Review 2021 Charts and tables

25.11.2021

Along with the 2021 issue of the Financial Stability Review, the Bundesbank will make the charts and tables contained in the report available as downloads. The Bundesbank and BaFin data can be obtained from the time series database. The charts contain links to the database or, if no time series have been created, to an Excel file. The data are current as at the cut-off date of the report. They are neither revised nor updated.

2 Stability situation in the German financial system

2.1 The macroeconomic environment and the situation in the real sector

Charts and tables	Corresponding Time Series
2.1.1 Financial stress indicator 55 KB, PDF	Corresponding time series
2.1.2 Risk premia on bonds issued by non-financial corporations 39 KB, PDF	—
2.1.3 Explanatory factors in equity market performance 18 KB, PDF	—
2.1.4 Valuation of bonds issued by non-financial corporations in the investment-grade segment 24 KB, PDF	—
2.1.5 Gross domestic product, residential property prices and lending in Germany 24 KB, PDF	Corresponding time series
2.1.6 Early warning indicator for Germany 39 KB, PDF	Corresponding time series
2.1.7 Credit-to-GDP gap in Germany 22 KB, PDF	—
2.1.8 Contributions to changes in German banks' lending to the domestic private non-financial sector 39 KB, PDF	Corresponding time series
2.1.9 German gross domestic product and corporate insolvencies during recessions 17 KB, PDF	—
2.1.10 Unemployment and corporate insolvencies in Germany 17 KB, PDF	Corresponding time series
2.1.11 Corporate insolvencies in Germany 23 KB, PDF	Corresponding time series
2.1.12 Key measures to support the German corporate sector during the coronavirus pandemic 19 KB, PDF	—
Data for the chart: 2.1.12 Key measures to support the German corporate sector during the coronavirus pandemic 12 KB, XLSX	—
2.1.13 German enterprises' assessments of their liquidity reserves 18 KB, PDF	—
Data for the chart: 2.1.13 German enterprises' assessments of their liquidity reserves 12 KB, XLSX	—
2.1.14 Bank debt ratio of German non-financial corporations 20 KB, PDF	—
Data for the chart: 2.1.14 Bank debt ratio of German non-financial corporations 12 KB, XLSX	—
2.1.15 Household debt in Germany 22 KB, PDF	Corresponding time series
2.1.16 Residential property prices in Germany 19 KB, PDF	Corresponding time series
2.1.17 Households' expectations regarding property prices 19 KB, PDF	Corresponding time series
Data for the chart: 2.1.17 Households' expectations regarding property prices 13 KB, XLSX	—
2.1.18 German banks' lending to domestic households for house purchase 40 KB, PDF	Corresponding time series
2.1.19 Lending standards for new loans for house purchase in Germany 19 KB, PDF	—
2.1.20 Debt service ratios of non-financial corporations in the euro area 29 KB, PDF	—
2.1.21 Government debt in the euro area 18 KB, PDF	—

2.2 Vulnerabilities and resilience in the German financial system

Charts and tables	Corresponding Time Series
2.2.1 Loss allowances on German banks' loans to domestic non-financial corporations 24 KB, PDF	Corresponding time series
2.2.2 IRBA probability of default of non-financial corporations in Germany 22 KB, PDF	Corresponding time series
Data for the chart: 2.2.2 IRBA probability of default of non-financial corporations in Germany 12 KB, XLSX	—
2.2.3 IRBA probability of default for residential and commercial real estate loans 20 KB, PDF	Corresponding time series
2.2.4 Credit default risk term structure for German banks 22 KB, PDF	—
Data for the chart: 2.2.4 Credit default risk term structure for German banks 12 KB, XLSX	—
2.2.5 Allocation risk in German banks' domestic credit portfolio 30 KB, PDF	Corresponding time series
2.2.6 German banks' risk provisioning 24 KB, PDF	—
Data for the chart: 2.2.6 German banks' risk provisioning 12 KB, XLSX	—
2.2.7 Interest rate risk in the German banking sector 23 KB, PDF	Corresponding time series
2.2.8 Capitalisation of selected German banks 33 KB, PDF	Corresponding time series
2.2.9 Solvency ratios of German life insurers according to Solvency II 21 KB, PDF	—
Data for the chart: 2.2.9 Solvency ratios of German life insurers according to Solvency II 13 KB, XLSX	—
2.2.10 Critical interest rate level for German life insurers given an upsurge in policy lapses 21 KB, PDF	Corresponding time series
2.2.11 Portfolio structure of German open-end investment funds by issuer country 53 KB, PDF	Corresponding time series
2.2.12 Portfolio duration of German open-end investment funds by holder group 59 KB, PDF	Corresponding time series
2.2.13 Forecast and risk scenario for real gross domestic product in Germany 21 KB, PDF	Corresponding time series
Work from home index versus cyber incidents in the USA during the coronavirus pandemic 20 KB, PDF	—
Table 2.2.1: Relevant vulnerabilities of German sectors 507 KB, PDF	—
Table 2.2.2: Modules of the stress tests on German financial intermediaries 508 KB, PDF	—
Table 2.2.3: Scenario analysis: effects of a subdued economic recovery over three years 510 KB, PDF	—
Table 2.2.4: Scenario analysis: effects of a severe macro-financial downturn within one year 510 KB, PDF	—

2.3 Overall assessment and implications for macroprudential policy

Charts and tables	Corresponding Time Series
2.3.1 Macroprudential capital buffers available in Germany 19 KB, PDF	—
2.3.2 Guide for the countercyclical capital buffer in Germany 31 KB, PDF	Corresponding time series
2.3.3 Countercyclical capital buffer in Europe 2 MB, PDF	—

3 Climate policy and financial stability

Charts and tables	Corresponding Time Series
3.1 Model chain: effects of climate scenarios on the financial system 17 KB, PDF	—
3.2 NGFS climate scenarios and potential shocks to the financial system 20 KB, PDF	—
3.3 Losses in value added from a rise in carbon prices 25 KB, PDF	Corresponding time series
3.4 Vulnerabilities of German financial intermediaries to climate-related transition risks: market risk by asset class in a scenario of a strong shock to the financial system 20 KB, PDF	Corresponding time series
3.5 Vulnerability of German banks to climate-related transition risks: credit risk in a scenario of a strong shock to the financial system 18 KB, PDF	Corresponding time series
3.6 Uncertainty about the reference scenario with regard to German financial intermediaries' vulnerabilities to climate-related transition risks: market risk 20 KB, PDF	Corresponding time series
3.7 Uncertainty about the reference scenario with regard to German banks' vulnerabilities to climate-related transition risks: credit risk 19 KB, PDF	Corresponding time series
Table 3.1: Portfolios of German financial intermediaries in the scenario analyses 504 KB, PDF	—
Table 3.2: Comparison of Bundesbank and European Central Bank climate risk analyses 506 KB, PDF	—