2010 European Union bank stress test

Banking stress test exercise May 2013 November 2022 A European Union-wide banking stress test exercise has been conducted by the Committee of European Banking Supervisors every year since 2009. The second instance was performed in July 2010. The Council of the European Union (in its economic and financial – ECOFIN – configuration) mandated that Committee so to do, in the aftermath of the 2008 financial crisis. Summary of 2010 results by bank The 2010 test was the second of its kind, which assesses the financial strength of European banks under different adverse scenarios. This was done in co-operation with the European Central Bank, the European Commission and the national supervisory authorities of the member states. The 2010 results were released on 23 July 2010.Results by bank of the 2010 European Union banking stress test exercise Of the 90 banks tested, 7 failed the 6% tier 1 capital ratio threshold: five in Spain (Unnim, Diada, Espiga, Banca Cívica, and Cajasur), one in Germany (Hypo Real Estate), and one in Greece (ATEBank).Seven EU banks fail stress tests 23 July 2010 https://www.bbc.co.uk/news/business-10732597 BBC News The BBC, in this reference, claims that 91 banks were tested, the data released contained only 90 listed bank entries. Bank Member state Tier 1 capital/MEUR Assets/MEURTier 1 ratio/% Benchmark/% Adverse/% Shock/% Additional capital needed/MEUR Erste Group Bank AGAustria11486 1254869.210.48.18.0 KBC BankBelgium13440123225 10.912.29.799.4 DexiaBelgium17573143170 12.313.411.210.9 Cyprus Popular Bank Public Co LtdCyprus241125622 9.410.08.57.1 Bank of Cyprus Public Co LtdCyprus253324065 10.510.99.48.0 Danske Bank Denmark 15874 135510 11.711.710.810.0 Jyske BankDenmark1817 1349413.514.112.812.5 SydbankDenmark137410470 13.114.813.413.2 OP-Pohjola Group Finland 5227 4148012.613.412.512.3 BNP ParibasFrance62910 62071410.113.412.512.3 Crédit AgricoleFrance524055389039.710.69.29.0 BPCEFrance375744111359.110.28.78.5 Société GénéraleFrance3469332408010.711.910.210.0 Deutsche Bank AGGermany3440627347712.613.210.39.7Commerzbank AGGermany2952128013310.510.59.39.1 Hypo Real Estate Holdings AG Germany 7613 809669.47.85.34.71245 Landesbank Baden-WürttembergGermany139141425259.89.88.48.1Bayerische LandesbankGermany1478813578710.911.99.18.8DZ Bank AG (Deutsche Zentralgenossenschaftbank)Germany9408950249.910.49.28.7Norddeutsche Landesbank GZGermany6931925767.58.06.46.2 Deutsche Postbank AG Germany4906 68701 7.17.96.76.6WestLB AGGermany51483565114.412.48.97.1HSH Nordbank AGGermany74917139110.514.99.99.7Landesbank Hessen-Thüringen GZGermany5416612728.88.97.97.3Landesbank Berlin AGGermany56424236313.312.811.311.2DekaBank Deutsche GirozentraleGermany2821288159.811.19.58.4WGZ Bank AG Westdeutsche Genossenschafts-ZentralbankGermany1833189819.710.89.59.1National Bank of GreeceGreece75906740711.311.79.67.40EFG Eurobank Ergasias, S.A.Greece53494782711.211.710.28.17Alpha BankGreece59205108411.612.310.98.22Piraeus Bank GroupGreece3401373949.110.98.36.0Agricultural Bank of Greece S.A. (ATEbank)Greece126315100 8.410.78.94.36242.6TT Hellenic Postbank S.A.Greece1286752517.117.015.010.1OTP Bank NYRT.Hungary35212546313.818.016.816.2FHB Jelzálogbank Nyilvánosan Működő RT.Hungary12214288.614.110.810.6Bank of IrelandIreland95751046399.29.07.67.1Allied Irish BanksIreland85421216057.09.57.26.5UniCreditItaly390344523888.610.08.17.8Intesa SanpaoloItaly302053617508.39.88.88.2Banca Monte dei Paschi di SienaItaly90931208997.57.66.86.2Banco PopolareItaly7125926237.77.87.47.0Unione di Banche Italiane SCPA (UBI Banca)Italy6817856778.07.67.16.8Banque et Caisse D’Épargne de l’ÉtatLuxembourg15521356911.414.211.511.3Banque RaiffeisenLuxembourg 19522868.59.88.48.2Bank of VallettaMalta343326910.511.511.09.3ING BankThe Netherlands3401533237510.211.29.18.8Rabobank GroupThe Netherlands3322623632014.114.812.712.5ABN/Fortis Bank Nederland (Holdings) NVThe Netherlands1548111870313.012.010.39.9SNS BankThe Netherlands27662588510.712.010.810.5PKO Bank PolskiPoland39602969113.316.515.715.4Caixa Geral de DepósitosPortugal5983710418.49.18.48.2Banco Comercial PortuguêsPortugal6102656239.39.48.48.4Espírito Santo Financial Group S.A.Portugal5199678997.79.27.46.9Banco BPIPortugal2210260608.511.610.310.2Nova ljubljanska bankaSlovenia917121637.57.07.46.3Grupo SantanderSpain5600556261610.011.010.210.0Grupo BBVASpain272552900629.410.69.69.3"Jupiter": Caja Madrid, Bancaja, etc.Spain192442230668.68.86.86.3La CaixaSpain1680016297910.310.68.57.7"Base": Caja de Ahorros Mediterráneo, etc.Spain8087865349.310.58.47.8Banco Popular EspañolSpain8457925719.19.27.57.0Banco de SabadellSpain5211579589.09.67.77.2DiadaSpain3470528616.66.44.53.91032"Breogan": Caja de Ahorros de Galicia, Caixanova, etc.Spain5035585168.610.17.87.2"Mare Nostrum": Caja de Ahorros de Murcia, SA Nostra, etc.Spain4129458589.09.77.67.0Bankinter, S.A.Spain2291306597.58.47.66.8"Espiga": Caja Duero, Caja España, etc.Spain2475288818.68.26.15.6127“Banca Cívica”: Caja Navarra, etc.Spain2900300559.67.65.24.7406IbercajaSpain2369252919.49.17.36.7UnicajaSpain25842190911.811.89.69.0Banco PastorSpain19741871310.58.76.86.0Caja SolSpain21972123710.38.76.66.0Bilbao Bizkaia KutxaSpain28121920214.617.414.714.1“Unnim”: Caixa Sabadell, etc.Spain1426197037.26.65.14.5270KutxaSpain20991610013.012.611.110.6“Caja3”: Caja Círculo, etc.Spain1414149949.48.86.66.1CajasurSpain222120941.86.64.94.3208Banca MarchSpain1866948819.720.819.519.0Banco GuipuzcoanoSpain70978139.18.16.66.1Caja Vital KutxaSpain755665211.39.57.57.0Caja de Ahorros y Monte de Piedad de OntinyentSpain616888.98.46.66.6Colonya, Caixa de PollençaSpain181839.99.16.66.2NordeaSweden19577 19185810.211.310.210.1SEBSweden100258058512.411.810.710.3Svenska HandelsbankenSweden8604946179.110.29.18.9SwedbankSweden79687651810.410.710.59.9 Royal Bank of ScotlandUnited Kingdom62898 43820014.414.111.711.2 HSBC Holdings PlcUnited Kingdom1221571133200 10.811.710.410.2BarclaysUnited Kingdom49637382649 13.015.813.913.7Lloyds Banking GroupUnited Kingdom47530493307 9.610.89.49.2 MEUR = million euros Assets = total risk-weighted assets Benchmark = tier 1 ratio with benchmark scenario at 31 December 2011 Adverse = tier 1 ratio with adverse scenario at 31 December 2011 Shock = tier 1 ratio with additional sovereign shock on the adverse scenario at 31 December 2011 Additional capital needed = additional capital needed to reach 6% tier 1 ratio under adverse scenario at 31 December 2011 See also List of bank stress tests European System of Financial Supervisors Supervisory Capital Assessment Program, a similar exercise in the United States of America References External links CEBS press release on the stress tests Joint press release by the CEBS, the ECB, and the European Commission on the stress tests Summary report of the stress tests Results of the 2010 European Union banking stress test exercise OECD: The EU Stress Test and Sovereign Debt Exposures Category:Economy of the European Union Category:European Union financial market policy Category:Great Recession in Europe Category:Stress tests (financial) fi:Stressitesti