The EBA announced that detailed individual results for all banks participating in the EBA EU-wide stress test, along with detailed balance sheets and exposure data as of end 2013, will be published on Sunday 26 October 2014 at 12:00 Central European Time (11 GMT time). The results, as checked by competent authorities including the ECB, will cover up to 12,000 data points per bank across the entire EU and it will cover banks' composition of capital, risk weighted assets (RWAs), profit and loss (P&L), exposures to sovereigns, credit risk and securitisation. The EBA also will, for the first time, disclose a fully loaded CRR/CRD4 Common Equity Tier 1 (CET1) capital ratio for each bank for information purposes.

 

In order to help understand these detailed data sets, the EBA will make available on its website the following information and tools: an aggregate summary report; an interactive map tool summarising the main results and drivers for the results, by country and by bank; bank-by-bank results (reported in the EBA disclosure templates); a set of interactive Excel-tools that provide users with main aggregate and bank-by-bank results and underlying figures; and a downloadable database and data model including all bank-level information provided in the EBA disclosure templates. The results will be published in the EBA disclosure templates, blank versions of which are now available on the EBA website.

 

Piers Haben, Director of Oversight at the EBA, said "The EU bank stress test is not only about which banks may fail or not. Rather, it will provide valuable insight into the progress made so far by EU banks in cleaning their balance sheets and strengthening their capital position". Haben added that "the exercise also provides an unmatched level of transparency into the EU banking sector, so as to promote market discipline and investor confidence".

 

The EBA also expects the publication of results to be accompanied by supporting information from competent authorities across the EU including their approach to implementing supervisory measures for banks falling below the threshold and other banks that may be deemed to have vulnerabilities.

 

Press release

 

Updated sample of banks

 

Templates