comprehensive assessment

European banking sector stress test data released by European Central Bank

The results of the European banking sector asset quality review and stress tests were published, with data, on 26 October. The aggregate report covers 130 banks in 19 countries (Euro area plus Lithuania, due to join in January 2015). The assessments cover 81.6% of banking assets to be regulated by the ECB under the Single Supervisory Mechanism from November this year. The exercise identified a capital shortfall of €24.6 billion across 25 European banks (Table 1, p.10). Detailed data files and country reports are on this ECB page. The ECB has released a YouTube video explaining the data categories used in the ‘Aggregate Report on the Comprehensive Assessment.’ The webcast of Sunday’s press conference is at this link.