2010 European Union bank stress test

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 global financial crisis which started in 2007.

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.[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]

Bank Member state Tier 1 capital/MEUR Assets/MEURTier 1 ratio/% Benchmark/% Adverse/% Shock/% Additional capital needed/MEUR
Erste Group Bank AGAustria11486 1254869.
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
Société GénéraleFrance3469332408010.711.910.210.0
Deutsche Bank AGGermany3440627347712.613.210.39.7
Commerzbank AGGermany2952128013310.510.59.39.1
Hypo Real Estate Holdings AG Germany 7613 809669.
Landesbank Baden-WürttembergGermany139141425259.
Bayerische LandesbankGermany1478813578710.911.99.18.8
DZ Bank AG (Deutsche Zentralgenossenschaftbank)Germany9408950249.910.49.28.7
Norddeutsche Landesbank GZGermany6931925767.
Deutsche Postbank AG Germany4906 68701
WestLB AGGermany51483565114.412.48.97.1
HSH Nordbank AGGermany74917139110.514.99.99.7
Landesbank Hessen-Thüringen GZGermany5416612728.
Landesbank Berlin AGGermany56424236313.312.811.311.2
DekaBank Deutsche GirozentraleGermany2821288159.811.19.58.4
WGZ Bank AG Westdeutsche Genossenschafts-ZentralbankGermany1833189819.710.89.59.1
National Bank of GreeceGreece75906740711.311.79.67.40
EFG Eurobank Ergasias, S.A.Greece53494782711.211.710.28.17
Alpha BankGreece59205108411.612.310.98.22
Piraeus Bank GroupGreece3401373949.
Agricultural Bank of Greece S.A. (ATEbank)Greece126315100 8.410.78.94.36242.6
TT Hellenic Postbank S.A.Greece1286752517.
OTP Bank NYRT.Hungary35212546313.818.016.816.2
FHB Jelzálogbank Nyilvánosan Működő RT.Hungary12214288.614.110.810.6
Bank of IrelandIreland95751046399.
Allied Irish BanksIreland85421216057.
Intesa SanpaoloItaly302053617508.
Banca Monte dei Paschi di SienaItaly90931208997.
Banco PopolareItaly7125926237.
Unione di Banche Italiane SCPA (UBI Banca)Italy6817856778.
Banque et Caisse D’Épargne de l’ÉtatLuxembourg15521356911.414.211.511.3
Banque RaiffeisenLuxembourg 19522868.
Bank of VallettaMalta343326910.511.511.09.3
ING BankThe Netherlands3401533237510.
Rabobank GroupThe Netherlands3322623632014.114.812.712.5
ABN/Fortis Bank Nederland (Holdings) NVThe Netherlands1548111870313.
SNS BankThe Netherlands27662588510.712.010.810.5
PKO Bank PolskiPoland39602969113.316.515.715.4
Caixa Geral de DepósitosPortugal5983710418.
Banco Comercial PortuguêsPortugal6102656239.
Espírito Santo Financial Group S.A.Portugal5199678997.
Banco BPIPortugal2210260608.511.610.310.2
Nova ljubljanska bankaSlovenia917121637.
Grupo SantanderSpain5600556261610.
Grupo BBVASpain272552900629.410.69.69.3
“Jupiter”: Caja Madrid, Bancaja, etc.Spain192442230668.
La CaixaSpain1680016297910.310.68.57.7
“Base”: Caja de Ahorros Mediterráneo, etc.Spain8087865349.310.58.47.8
Banco Popular EspañolSpain8457925719.
Banco de SabadellSpain5211579589.
“Breogan”: Caja de Ahorros de Galicia, Caixanova, etc.Spain5035585168.610.17.87.2
“Mare Nostrum”: Caja de Ahorros de Murcia, SA Nostra, etc.Spain4129458589.
Bankinter, S.A.Spain2291306597.
“Espiga”: Caja Duero, Caja España, etc.Spain2475288818.
Banca Cívica”: Caja Navarra, etc.Spain2900300559.
Banco PastorSpain19741871310.
Caja SolSpain21972123710.
Bilbao Bizkaia KutxaSpain28121920214.617.414.714.1
Unnim”: Caixa Sabadell, etc.Spain1426197037.
“Caja3”: Caja Círculo, etc.Spain1414149949.
Banca MarchSpain1866948819.720.819.519.0
Banco GuipuzcoanoSpain70978139.
Caja Vital KutxaSpain755665211.
Caja de Ahorros y Monte de Piedad de OntinyentSpain616888.
Colonya, Caixa de PollençaSpain181839.
NordeaSweden19577 19185810.211.310.210.1
Svenska HandelsbankenSweden8604946179.
Royal Bank of ScotlandUnited Kingdom62898 43820014.414.111.711.2
HSBC Holdings PlcUnited Kingdom1221571133200 10.811.710.410.2
BarclaysUnited Kingdom49637382649 13.015.813.913.7
Lloyds Banking GroupUnited Kingdom47530493307 9.610.89.49.2

See also


  1. Results by bank of the 2010 European Union banking stress test exercise
  2. "Seven EU banks fail stress tests". BBC News. 23 July 2010. The BBC, in this reference, claims that 91 banks were tested, the data released contained only 90 listed bank entries.

External links

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