The ASEAN+3 Financial Stability Report—AMRO’s second flagship report—is the ASEAN+3 region’s pioneering financial stability report. It delves into conjunctural market developments and potential risks in the ASEAN+3 region and provides an in-depth and thematic analysis of the impact of high debt on financial stability.

Latest Reports

ASEAN+3 Financial Stability Report 2025

The AFSR 2025 explores the evolving risks and vulnerabilities shaping ASEAN+3’s financial landscape and how the region is building greater resilience for the future.

ASEAN+3 Financial Stability Report 2023

The ASEAN+3 Financial Stability Report (AFSR) 2023—AMRO’s second flagship report—is the ASEAN+3 region’s pioneering financial stability report.