Financial Regulatory Forum

FACTBOX-Europe’s stress test results

July 26, 2010

July 26 (Reuters) – Investors took some reassurance on Monday that most European banks had passed “stress tests” on their ability to deal with a debt crisis, driving up European bank stocks.

Seven out of 91 European banks failed the test, whose results were announced by the Committee of European Banking Supervisors (CEBS) late on Friday.

The following list shows which banks passed and which failed the tests requiring them to have a 6 percent tier one capital ratio under scenarios of worsened economic conditions. It shows their tier one ratio under the harshest scenario, which included a fall in the value of their sovereign bond holdings

BANKS PASS/FAIL TIER ONE RATIO

(BY COUNTRY) (UNDER STRESS SCENARIO)

AUSTRIA

Erste Group PASS 8.0 pct

Raiffeisen Zentralbank PASS 7.8 pct

BELGIUM

Dexia PASS 10.6 pct

KBC Group PASS 9.4 pct

CYPRUS

Bank of Cyprus PASS 8.0 pct

Marfin Popular Bank PASS 7.1 pct

DENMARK

Danske Bank PASS 10.0 pct

Jyske Bank PASS 12.5 pct

Sydbank PASS 13.2 pct

FINLAND

OP-Pohjola Group PASS 12.3 pct

FRANCE

BNP Paribas  PASS 9.6 pct

BPCE  PASS 8.5 pct

Credit Agricole PASS 9.0 pct

Societe Generale PASS 10.0 pct

GERMANY

Hypo Real Estate * FAIL 4.7 pct

Bayernlb PASS 8.8 pct

Commerzbank PASS 9.1 pct

Dekabank PASS 8.4 pct

Deutsche Bank PASS 9.7 pct

Deutsche Postbank PASS 6.6 pct

DZ Bank PASS 8.7 pct

Helaba PASS 7.3 pct

HSH Nordbank PASS 9.7 pct

Landesbank Berlin PASS 11.2 pct

LBBW PASS 8.1 pct

NORDLB PASS 6.2 pct

WESTLB PASS 7.1 pct

WGZ BANK PASS 9.1 pct

GREECE

Atebank * FAIL 4.36 pct

Alpha Bank PASS 8.2 pct

EFG Eurobank PASS 8.17 pct

National Bank of Greece PASS 7.4 pct

Piraeus Bank Group PASS 6.0 pct

TT Hellenic Postbank PASS 10.1 pct

HUNGARY

FHB Mortgage Bank PASS 10.6 pct

OTP Bank Nyrt.  PASS 16.2 pct

IRELAND

Allied Irish Banks  PASS 6.5 pct

Bank of Ireland  PASS 7.1 pct

ITALY

Banco Popolare PASS 7.0 pct

Intesa SanPaolo PASS 8.2 pct

Monte dei Paschi di Siena PASS 6.2 pct

UBI Banca PASS 6.8 pct

Unicredit PASS 7.8 pct

LUXEMBOURG

Banque et Caisse d’Epargne de l’Etat PASS 11.3 pct

Banque Raiffeisen PASS 8.2 pct

MALTA

Bank of Valletta PASS 9.3 pct

NETHERLANDS

ABN AMRO  PASS 9.9 pct

ING PASS 8.8 pct

Rabobank  PASS 12.5 pct

SNS Reaal  PASS 10.5 pct

POLAND

PKO Bank Polski PASS 15.4 pct

PORTUGAL

Banco BPI  PASS 10.2 pct

Caixa Geral de Depositos PASS 8.2 pct

Espirito Santo Financial Group PASS 6.9 pct

Millennium bcp PASS 8.4 pct

SLOVENIA

Nova Ljubljanska Banka PASS 6.3 pct

SPAIN

Banca Civica * FAIL 4.7 pct

Cajasur

Diada * FAIL 3.9 pct

Espiga * FAIL 5.6 pct

Unnim * FAIL 4.5 pct

Banca March PASS 19.0 pct

Banco de Sabadell  PASS 7.2 pct

Banco Guipuzcoano PASS 6.1 pct

Banco Popular Espanol  PASS 7.0 pct

Banco Pastor  PASS 6.0 pct

Banco Santander  PASS 10.0 pct

Bankinter PASS 6.8 pct

Bilbao Bizkaia Kutxa PASS 14.1 pct

BBVA  PASS 9.3 pct

Breogan PASS 7.2 pct

CAI PASS 6.1 pct

Caja de Ahorros y M.P

de Gipuzkoa y San Sebastian (Kutxa) PASS 10.6 pct

Caja de Ahorros de Vitoria y Alava PASS 7.0 pct

Caja de Ahorros y M.P. de Ontinyent PASS 6.6 pct

Caja de Ahorros y M.P. de Zaragoza PASS 6.7 pct

Caja Sol PASS 6.0 pct

CAM PASS 7.8 pct

Colonya – Caixa d’Estalvis de Pollensa PASS 6.2 pct

Jupiter PASS 6.3 pct

La Caixa; PASS 7.7 pct

Mare Nostrum PASS 7.0 pct

Unicaja PASS 9.0 pct

SWEDEN

Nordea Bank  PASS 10.1 pct

SEB  PASS 10.3 pct

Svenska Handelsbanken  PASS 8.9 pct

Swedbank PASS 9.9 pct

UK

Barclays  PASS 13.7 pct

HSBC Holdings PASS 10.2 pct

Lloyds Banking Group PASS 9.2 pct

Royal Bank of Scotland PASS 11.2 pct

((For a graphic showing Europe’s largest 15 banks stress test results please

click on http://r.reuters.com/muj39m ))

(Compiled by Steve Slater and David Cutler, Editing by Lin Noueihed, London

Editorial Reference unit))

((steve.slater@reuters.com; +44 207 542 4367; Reuters Messaging:

steve.slater.reuters.com@reuters.net))

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •