European Central Bank Stress-Test Results

(CC) kasushi/ FlickrThe European Central Bank (ECB) has just published the results of a thorough year-long examination of the positions of the 130 largest banks in the euro area as of 31 December 2013. The examined banks accounted for assets of 22 trillion, which represents 82% of total banking assets in the euro area.

The comprehensive assessment found a capital shortfall of €25 billion at 25 banks. Twelve of the 25 banks have already covered their capital shortfall by increasing their capital by €15 billion in 2014.

Access the results of the comprehensive assessment here.