OeNB - Stress tests discriminate against European banks

BusinessEconomy ♦ Published: June 25, 2010; 00:00 ♦ (Vindobona)

The Austrian banks have become more stable compared to the autumn of 2009, as analyzed by the Austrian National Bank. However, "stress tests" could cause lengthy aid procedures in Europe.

OeNB - Stress tests discriminate against European banks / Picture: © OeNB

The Oesterreichische Nationalbank (OeNB) attests that domestic banks felt an improvement in the spring stress test, however points out, however, that equity is relatively low. Moreover, already ongoing structural adjustment processes need to be promoted in the banking sector.

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