Bank stress tests find no capital needs, clearing path for MoU exit

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

The European Central Bank’s (ECB) Banking Supervision announced on Saturday the results of the 2018 stress tests for Greece’s four systemic banks following the same methodology and approach as the EU-wide EBA exercise.

The exercise took place earlier than for banks in the rest of Europe so the results were available before the end of the European Stability Mechanism’s Stability Support Programme in August. This was done to address the concerns the International Moneta...

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