Stress tests - Erste Bank and RZB on the list

Politics ♦ Published: July 8, 2010; 00:00 ♦ (Vindobona)

91 European banks will have to undergo stress tests of European regulators. Two Austrian institutions will be tested as well.

Stress tests - Erste Bank and RZB on the list / Picture: © Vindobona.org

A document of the Association of European Banking Supervisors (CEBS) states that 91 institutions will undergo stress tests. The participating financial institutions represent 65 percent of the EU banking sector.

Two Austrian banks, Erste Group Bank AG Austria, and Raiffeisen Zentralbank Austria AG (RZB), will also be tested. The results will be published on July 23rd.

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