ECB to conduct comprehensive assessment of four more banks

Supervision charges due to rise significantly in 2016

Euro sign, Frankfurt
The European Central Bank

The European Central Bank (ECB) is conducting comprehensive assessments on four eurozone commercial banks that are likely to fall under its direct supervision, it announced today (May 10).

The tests began in March 2016 and are expected to conclude in November, the ECB said. When the tests end, the ECB will announce which banks will be directly supervised by the ECB, a spokesman said.

The four banks are Abanka d.d. from Slovenia, Latvia's Rietumu Banka, Banca Mediolanum S.p.A. from Italy, and

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