Article
Europe's Top Banks Pass ECB's Latest Stress Tests
November 4, 2019
Stress TestingECBEuropean BankingCapital AdequacyEBA
Overview
Results of the stress test of Europe's larger banks released by the European Central Bank revealed that all financial institutions in the EU-wide examination passed the adverse scenario.
48
European banks passed the ECB stress test
All institutions exceeded the 5.5% common tier ratio under adverse stress conditions.
Conducting Bodies
- 1European Banking Authority (EBA) — conducted the EU-wide stress test examination.
- 2Single Supervisory Mechanism (SSM) — gauged the health of the European banking system.
The results demonstrate the resilience of Europe's banking sector following years of regulatory reforms and capital strengthening measures implemented in the wake of the 2008 financial crisis.
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