October 19, 2018

EBA announced that individual results for the banks participating in the 2018 EU-wide stress test, along with detailed balance sheets and exposure data as of the end of 2017, will be published on November 02, 2018.

EBA had launched its 2018 EU-wide stress test and released the macroeconomic scenarios on January 21, 2018. The methodology for the 2018 EU-wide stress test covers all relevant risk areas and, for the first time, incorporates IFRS 9 accounting standards. The EU-wide stress test was expected to be conducted on a sample of 48 EU banks—33 from countries under the jurisdiction of the Single Supervisory Mechanism or SSM—covering roughly 70% of total banking sector assets in the euro area. The stress test is designed to provide supervisors, banks, and other market participants with a common analytical framework to consistently compare and assess the resilience of EU banks to economic shocks. No pass-fail threshold has been included, as the results of the exercise are designed to serve as an input to the Supervisory Review and Evaluation Process or SREP.


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Keywords: Europe, EU, Banking, Stress Testing, 2018 EU Stress Testing, Stress Testing Results, IFRS 9, EBA