Macroeconomic indicators

Macroeconomic indicators aim to capture signals of deterioration in the economic conditions in which the institution operates, or of concentrations of exposures or funding.

The macroeconomic indicators should be based on metrics that influence the performance of the institution in specific geographical areas or business sectors that are relevant for the institution.

The macroeconomic indicators should include the following typologies:

• a. geographical macroeconomic indicators, relating to various jurisdictions to which the institution is exposed, giving also consideration to risks stemming from potential legal barriers;
• b. sectoral macroeconomic indicators, relating to major specific sectors of economic activity to which the institution is exposed (e.g. shipping, real estate).