2010 European Union bank stress test

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.[1] 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).[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

• List of bank stress tests
• European System of Financial Supervisors
• Supervisory Capital Assessment Program, a similar exercise in the United States of America

• 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