Financial Stability

CEBS 2010 EU-wide stress testing exercise

The objective of the 2010 EU-wide stress test exercise conducted under the mandate from the EU Council of Ministers of Finance (ECOFIN) and coordinated by CEBS in cooperation with the European Central Bank (ECB), national supervisory authorities and the EU Commission, was to assess the overall resilience of the EU banking sector and the banks’ ability to absorb further possible shocks on credit and market risks, including sovereign risks.

The exercise has been conducted on a bank-by-bank basis for a sample of 91 EU banks from 20 EU Member States, covering at least 50% of the banking sector, in terms of total consolidated assets, in each of the 27 EU Member States, using commonly agreed macroeconomic scenarios (benchmark and adverse) for 2010 and 2011, developed in close cooperation with the ECB and the European Commission.

More information on the scenarios, methodology, aggregate and detailed individual results is available from CEBS. 

Joint CBM - MFSA media release

Bank of Valletta plc stress test results (14kb)

Bank of Valletta plc sovereign exposures (13kb)

Joint Declaration (86kb)

CEBS press release

CEBS 2010 EU-wide stress testing exercise results

ECB press release

Joint press release CEBS, ECB, European Commission