2 August 15:52
EBA tests show 64 European banks can withstand a severe recession without breaching capital requirements.
Raluca Niculae
Economy
Pixabay
The European Banking Authority (EBA) has assessed 64 European banks, finding that none are in breach of core capital requirements and only one is in breach of leverage requirements. The results suggest the EU banking system is prepared for a prolonged recession, given adverse scenarios including geopolitical and trade tensions. Banca Transilvania participated in these tests, confirming its financial soundness and ability to support the Romanian economy in difficult conditions.
Sources
Autoritatea Bancară Europeană: Băncile din UE sunt suficient de puternice pentru a face faţă unui şoc economic, determinat de tensiunile comerciale şi geopolitice
Autoritatea Bancară Europeană spune că băncile din UE sunt suficient de puternice pentru a face faţă unui şoc economic
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