Four euro zone banks pass ECB stress test exercise

Artea bankas AB

09/07/2021 18:45

FRANKFURT, July 9 (Reuters) - Four euro zone banks that
recently fell under the European Central Bank's supervision
passed a stress test exercise, which uncovered no capital
shortfalls, the ECB said on Friday.
    The banks - Italy's Cassa Centrale Banca  CNFZDB.UL  and
Iccrea Banca S.p.A , Estonia's Luminor Bank AS and Lithuania's
Šiaulių bankas - have all been classified as significant
institutions with their supervision passing to the ECB from
local authorities.    
    "The comprehensive assessment shows that none of the four
banks face any capital shortfalls, as they did not fall below
the relevant thresholds used in the asset quality review and the
stress test," the ECB said in a statement.

 (Reporting by Balazs Koranyi; Editing by Richard Chang)
 ((Balazs.Koranyi@thomsonreuters.com; +49 30 220 133 623;
Reuters Messaging:
balazs.koranyi.thomsonreuters.com@reuters.net))