EU’s 2021 stress test includes ‘very severe’ adverse scenario

Adverse scenario foresees unemployment rising sharply and massive asset shock

europe-small

European Union regulators released their plans to stress test the bloc’s largest banks, including a “very severe” adverse scenario based upon a prolonged Covid-19 pandemic.

The European Banking Authority will be co-ordinating the stress tests, as it has in previous years, it announced on January 29. Its announcement came after the 2020 exercise was postponed due to the Covid-19 pandemic.

The EBA said the stress tests will be conducted on 50 banks, representing a total of 70% of the EU banking

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 copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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

.