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Banks: EBA stress tests are underway, with a more severe scenario

2023-01-31T15:41:29.360Z


After the pause due to the pandemic, the stress tests of the EBA, the European banking authority, are starting again, launching today the exercise with which it will evaluate the resilience of the 70 European systemic banks. (HANDLE)


(ANSA) - ROME, JAN 31 - After the pause due to the pandemic, the stress tests of the EBA, the European banking authority, are starting up again, launching today the exercise with which it will evaluate the resilience of the 70 European systemic banks.

This year the EBA hypothesizes the worst macro scenario ever: geopolitical tensions at their highest, inflation and long-term high rates, which mow down consumption and investments and a resurgence of Covid.


   The negative scenario envisages a GDP drop of 6% over the three years.


   The results will be released at the end of July.

For the first time, banks will have to provide details of their exposures to companies, divided by economic sector.


   (HANDLE).


Source: ansa

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