EBC Is Set to Fail 25 Lenders in Bank Stress Test

EBC Is Set to Fail 25 Lenders in Bank Stress Test

Assessment

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Business, Social Studies

University

Hard

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The ECB's comprehensive assessment evaluates the liquidity and capital on banks' balance sheets. Preliminary results show 105 banks passed, but ongoing talks continue for banks with shortfalls. Negotiations involve about 10 banks with net shortfalls after 2014 capital measures. The ECB cannot comment on speculation, but 25 euro area banks reportedly failed ECB standards, impacting the euro.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the ECB spokesperson say about the comprehensive assessment?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many euro area banks are said to have failed the ECB standards?

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