Banks discover stress test assumptions, results due in July

EconomyBanking Tags: Alpha, Banking, Eurobank, NBG, Piraeus

The European Banking Authority (EBA) announced this week the assumptions for this year’s stress tests. The process is expected to be completed in early summer, followed by the announcement of the results.

Greek banks enter this year’s stress tests in the best condition in years, having managed to clean up their balance sheets through the Hercules APS, with NPEs down in single digits and the lenders back into profitability. Some systemic banks are even th...

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