Four euro zone banks pass ECB stress test exercise
FRANKFURT (Reuters) – Four euro zone banks that recently fell under the European Central Bank’s supervision passed a stress test exercise, which uncovered no capital shortfalls, the ECB said on Friday. The banks – Italy’s Cassa Centrale Banca and Iccrea Banca S.p.A , Estonia’s Luminor Bank AS and Lithuania’s Siauliu bankas – have all been classified as significant institutions with their supervision passing to the ECB from local authorities. “The comprehensive assessment shows that none of the four banks face any capital shortfalls, as they did not fall below the relevant thresholds used in the asset quality review and the stress test,” the ECB said in a statement.
(Reporting by Balazs Koranyi; Editing by Richard Chang)
- Vax Rapid Power Plus Carpet Washer
RRP PRICE: £199.99SALE PRICE: £179.99YOU SAVE: £20.00 Deep cleans you carpets and leaves your carpets dry in as little as 1 hour* Spin scrub […]
- HYAKIDS 6 in 1 Large Wooden Activity Cube Toys with Track Bead Maze Shape...
SALE PRICE: £23.85YOU SAVE: £1.01 【6 in 1 Wooden Activity Cube】 – 6 in 1 activity center toys including puzzle, shape sorter, track, bead […]