EBA stress test to gird banks for long Covid depression

The European Banking Authority’s (EBA) 2021 stress test for banks is its most severe to date, with the worst-case simulation projecting a fall in GDP of -12.9% by 2023 relative to the baseline scenario. In contrast, the cancelled 2020 test’s adverse scenario – planned before the coronavirus crisis struck – projected an -8.5% relative drop.

The doomsday simulation includes the sorts of shocks expected should the current crisis worsen, for instance because of mutations to the virus, delays in the

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

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