Kaya, H.D.2021-11-042021-11-042021Kaya, H.D. (2021). The Stability of The Financial System: a Comparison of Developed and Less Developed Countries. Financial Markets, Institutions and Risks, 5(2), 5-13. https://doi.org/10.21272/fmir.5(2).5-13.2021https://essuir.sumdu.edu.ua/handle/123456789/86042In this study, we examine the relationship between the development level of a country and stability of its financial system. We look at seven measures of stability. These are Bank z-score, Bank non-performing loans to gross loans, Bank capital to total assets, Bank credit to bank deposits, Regulatory capital to risk-weighted assets, Liquid assets to deposits and short term funding, and Provisions to non-performing loans. First, we compare developed and less developed countries’ stability measures. Do developed countries have more stable financial systems than less developed countries or is the opposite true?enCC BY 4.0стабільністьстабильностьstabilityфінансова системафинансовая системаfinancial systemрівень доходууровень доходаincome levelArticle