This year’s EU-wide stress tests for significant institutions in the Eurosystem begin
Under the aegis of the European Banking Authority (EBA) and the ECB, this year we will once again conduct stress tests for the 96 largest banks in the euro area. Of these, 45 fall under the direct supervision of the ECB. This sample of banks account for approximately 75% of the aggregate balance sheet total of banks in the euro area. The stress tests will be based on a bottom-up approach, with a number of top-down elements.
At the same time, in line with legislation and the practice established in previous years, Banka Slovenije will also conduct simplified bottom-up stress tests for less significant banks and savings banks, the subsidiary banks under majority foreign ownership, and SID banka.
All the stress tests will be conducted in line with the EBA methodology and the scenarios drawn up by the European Systemic Risk Board (ESRB). The results of the stress tests will be released by the ECB in early August of this year.