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European Stress Test Results to Be Published on July 15

Published: July 8, 2011; 15:50 · (Vindobona)

The test performance of 91 participating banks will be available next week. According to Moody’s, Austrian Volksbanken AG is at risk of failing the test.

European Stress Test Results to Be Published on July 15 / Picture: © Calculation

The European Banking Authority (EBA) today announced the publication date for the EU wide stress test which will take place on Friday, 15 July 2011. The EU wide stress test 2011 is being carried out on 91 banks which represent 65% of total assets of the banking sector and is one of a number of important supervisory tools.

The test assesses the resilience of European banks to a…

This article includes a total of 229 words.

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