UK markets closed
  • FTSE 100

    7,032.30
    -46.12 (-0.65%)
     
  • FTSE 250

    22,948.83
    -101.63 (-0.44%)
     
  • AIM

    1,251.11
    +3.84 (+0.31%)
     
  • GBP/EUR

    1.1713
    -0.0024 (-0.20%)
     
  • GBP/USD

    1.3908
    -0.0050 (-0.35%)
     
  • BTC-GBP

    30,095.58
    -193.33 (-0.64%)
     
  • CMC Crypto 200

    955.03
    +5.13 (+0.54%)
     
  • S&P 500

    4,395.26
    -23.89 (-0.54%)
     
  • DOW

    34,935.47
    -149.06 (-0.42%)
     
  • CRUDE OIL

    73.81
    +0.19 (+0.26%)
     
  • GOLD FUTURES

    1,812.50
    -18.70 (-1.02%)
     
  • NIKKEI 225

    27,283.59
    -498.83 (-1.80%)
     
  • HANG SENG

    25,961.03
    -354.29 (-1.35%)
     
  • DAX

    15,544.39
    -96.08 (-0.61%)
     
  • CAC 40

    6,612.76
    -21.01 (-0.32%)
     

Four euro zone banks pass ECB stress test exercise

·1-min read
FILE PHOTO: European Central Bank (ECB) headquarters building is seen in Frankfurt

FRANKFURT (Reuters) - Four euro zone banks that recently fell under the European Central Bank's supervision passed a stress test exercise, which uncovered no capital shortfalls, the ECB said on Friday.

The banks - Italy's Cassa Centrale Banca and Iccrea Banca S.p.A , Estonia's Luminor Bank AS and Lithuania's Šiaulių bankas - have all been classified as significant institutions with their supervision passing to the ECB from local authorities.

"The comprehensive assessment shows that none of the four banks face any capital shortfalls, as they did not fall below the relevant thresholds used in the asset quality review and the stress test," the ECB said in a statement.

(Reporting by Balazs Koranyi; Editing by Richard Chang)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting