ECB testing banks’ ability to deal with a second wave of Covid-19 – Enria

Andrea Enria
Andrea Enria, European Central Bank’s Supervisory Board
Photo: Philippe Bussin/European Parliament

The European Central Bank is testing banks’ resilience to a second wave of Covid-19 contagion, said Andrea Enria, chair of the ECB’s Supervisory Board.

In a meeting with journalists today (June 9), Enria confirmed the Single Supervisory Mechanism (SSM) was currently implementing so-called vulnerability analysis. This aims to assess how banks would perform under the macroeconomic scenarios foreseen by the ECB. In May, ECB staff projected three scenarios including GDP contractions of 5%, 8% or 12

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: