© The Financial Times Ltd 2016
FT and 'Financial Times' are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
July 23, 2010 8:19 pm
Only seven of 91 European banks failed a long-awaited stress test, regulators announced on Friday, a result that risks undermining the credibility of an exercise designed to restore the market’s confidence in the region’s banking sector.
The Committee of European Banking Supervisors said there was a capital shortfall of €3.5bn at the seven banks that failed to reach the pass mark of a 6 per cent tier one capital ratio.
The test involved modelling macroeconomic and sovereign debt stresses over 2010 and 2011, applied to end-2009 capital levels.
Explore the results of the EU banking stress tests on a bank-by-bank basis with the FT’s interactive graphic.
Seven banks fail EU stress tests
Video: Gillian Tett on the results
Bank balance: EU stress tests explained
In depth: European banks
Related documents
CEBS summary report (pdf)
CEBS summary country-by-country
CEBS Q&A (pdf)
Copyright The Financial Times Limited 2017. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web.