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The stress-tests for European banks

In 2016, the largest banks in Europe will pass stress-tests of the European Central Bank. This was reported by the chairman of the Supervisory Board of the European Central Bank, Daniel Nui, in an interview with the German newspaper «Welt am Sonntag».

A comprehensive stress-test of the EU banking system will be conducted in a public format next year. The mandatory testing will involve 123 European banks, under the direct verification of the European Central Bank.

Daniel Nui also noted that the positive trend observed in the banking sector in Greece, since the Greek supervisory authorities successfully carried out restructuring and recapitalization of the banking sector in the last two years. Thus, today the Greek banks are well prepared for the crisis tendencies in the financial markets.

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