European banks resilient to shocks, EBA says after test
Lenders’ greatest vulnerability is credit risk but they can withstand adverse scenarios, regulator says
Lenders in the European Union have sufficient capital to withstand a severe economic downturn, the European Banking Authority (EBA) has said after completing its large-scale stress test.
The EBA today (August 1) released the result of the test, which covers a sample of 64 banks in the EU and Norway, including 51 from the eurozone. These lenders represent about 75% of total banking sector assets in the sampled jurisdictions.
The test simulated a baseline and an adverse scenario. The latter assumed
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: 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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
More on Micro-prudential
BoE lowers capital requirements for banks
Governor says move reflects sector’s evolution as institution publishes latest fin stab report
BoT seeks more oversight of gold trade to prevent baht volatility
Vitai says bank is working to boost supervision of institutions and dealers involved in precious metal
ECB’s Elderson welcomes debate on simplification
Vice-chair of supervisory board points to expanding proportionality and cutting capital stacks
ECB fines Spanish bank for not complying with climate rules
Supervisor imposes first-ever financial penalty over environmental prudential requirements
ECB does not have rule-making power – Elderson
Binding decisions are based on existing regulations and not supervisory expectations, board member says
San Marino blocks bank sale, looks to quell instability
Central bank says financial system is “solid and resilient”
BoE’s Woods rejects call to exempt gilts from leverage rule
Bank capital regime must account for sovereign bonds’ interest rate risks, PRA chief says
EBA’s Campa on simplifying EU regulations and supervising stablecoins
The departing pan-European supervision chief speaks about advancing the banking union, streamlining the implantation of new rules, financial resilience and why he is stepping down early