FIN.

EBA begins 2021 stress test

Following the postponement of the 2020 exercise due to the pandemic, this year’s EU-wide stress test will provide valuable input for assessing the resilience of the European banking sector. The results might also provide guidance on making informed decisions on possible exit strategies from the flexibility measures granted to banks due to the Covid-19 pandemic, or on the need for additional measures, should the economic conditions deteriorate further.

The EBA expects to publish the results of the exercise by 31 July 2021.

Lucy Hadrill