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Stress Test: Erste Group and Raiffeisen Passed, Volksbank Failed

Published: July 15, 2011; 19:21 · (Vindobona)

Volksbanken Group is the only Austrian bank that failed the stress test. Taking into account the measures that are currently being implemented, the core tier I ratio would be above the benchmark.

Stress Test: Erste Group and Raiffeisen Passed, Volksbank Failed / Picture: © Vindobona.org

The result is not surprising: Erste Group and Raiffeisen Bank International (RBI) have passed the European Banking Authority’s (EBA) stress test. Volksbanken Group (VBAG), however, has failed.

Erste Group’s core tier I ratio would be 8.1% in 2012 under the assumptions of a negative scenario (after 8.7% at the end of the year 2010). For RBI, a ratio of 7.8% was calculated…

This article includes a total of 248 words.

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