On July 29, 2016, the EBA published the results of the EU-wide stress test. The stress test covered 51 EEA banks and assessed the resilience of the EEA banking sector to adverse financial conditions. Unlike the stress tests conducted in 2011 and 2014, the 2016 stress test did not aim to identify possible capital shortfalls. The EBA considers that after five years of continuous capital raising in the EU banking sector, the crisis type of stress test appears to be less relevant. It is intended instead that supervisors will use the 2016 results to assess banks’ forward looking capital planning. The results of the stress test will be used by national regulators in their Supervisory Review Process to assess each bank’s capital planning going forward.
The stress test documentation is available at: http://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stresstesting/2016/results.