EU stress tests not as tough as financial crisis

The European Banking Authority’s 2018 stress tests were not as tough as the financial crisis for a majority of banks, the European Court of Auditors (ECA) found.

The peak-to-trough GDP decline simulated by the EBA’s adverse scenario was less than that experienced during the financial crisis for nine EU member states that had lenders that participated in the tests.

Using this benchmark, Spanish banks were the least tasked by the stress tests. The EBA scenario projected a 1.8% fall to domestic

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: