Top Qs
Timeline
Chat
Perspective

2010 European Union bank stress test

From Wikipedia, the free encyclopedia

Remove ads

A European Union-wide banking stress test exercise has been conducted by the Committee of European Banking Supervisors every year since 2009. The second instance was performed in July 2010. The Council of the European Union (in its economic and financial – ECOFIN – configuration) mandated that Committee so to do, in the aftermath of the 2008 financial crisis.

Summary of 2010 results by bank

Summarize
Perspective

The 2010 test was the second of its kind, which assesses the financial strength of European banks under different adverse scenarios. This was done in co-operation with the European Central Bank, the European Commission and the national supervisory authorities of the member states.

The 2010 results were released on 23 July 2010.[1] Of the 90 banks tested, 7 failed the 6% tier 1 capital ratio threshold: five in Spain (Unnim, Diada, Espiga, Banca Cívica, and Cajasur), one in Germany (Hypo Real Estate), and one in Greece (ATEBank).[2]

More information Bank, Member state ...
  • MEUR = million euros
  • Assets = total risk-weighted assets
  • Benchmark = tier 1 ratio with benchmark scenario at 31 December 2011
  • Adverse = tier 1 ratio with adverse scenario at 31 December 2011
  • Shock = tier 1 ratio with additional sovereign shock on the adverse scenario at 31 December 2011
  • Additional capital needed = additional capital needed to reach 6% tier 1 ratio under adverse scenario at 31 December 2011

See also

References

External links

Loading related searches...

Wikiwand - on

Seamless Wikipedia browsing. On steroids.

Remove ads
Remove ads