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Stress Tests: Austrian Banks Demonstrate Optimism
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Austrian banks are expected to pass the stress tests. However, the next years are expected to become challenging for the Austrian banking sector.
Stress Tests: Austrian Banks Demonstrate Optimism / Picture: © Vindobona.org
In the next twelve months, the ECB will examine 128 banks in the Eurozone. In total, six Austrian banks have to fulfill the stress test criteria. Raiffeisen Zentralbank, Erste Group, Bawag, VBAG, RLB Upper Austria and RLB Lower Austria/Vienna will be analyzed by the European Central Bank.
In total, the core capital quota has to exceed 8.0% of the balance risks. The publicly held…
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