ECB assessment finds capital shortfall at four largest Greek banks
Banks must submit recapitalisation plan by November 6
An assessment by the European Central Bank (ECB) has uncovered capital shortfalls at four "significant" Greek commercial banks, it said on October 31.
It's banking supervision directorate carried out a "comprehensive assessment" of the country's four largest banks: Alpha Bank, Eurobank, NBG and Piraeus Bank. The assessment comprised an asset quality review (AQR) and a stress test.
The stress test included a baseline scenario and an adverse scenario. Under the baseline scenario, the four banks
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com