Yalnizca The World and Modern Science
  • International Monetary Fund

    Filed under News
    Oct 6

    The ratio of the highest quality capital and assets risk-weighted (Core Tier 1 ratio) of the ATE Bank does not reach the required 5%, to be placed in negative terrain with a – 0.8%. Meanwhile, the Eurobank was on the verge of reaching the goal established by the EBA, with 4.9%. Austria the osterreichische Volksbanken AG (OVAG), the fourth Bank of Austria, has not passed the minimum demanded by the EBA. As the entity itself, and analysts were expecting the ratio between the highest quality capital and risk-weighted assets (Core tier 1 ratio) of the OVAG not reaches the required 5%, to stand at just 4.5%. The Austrian entity, with heavy losses in 2009, Thursday announced the sale of its operations in Eastern Europe to the Russian Bank Sberbank, which improves his situation markedly, although selling was not taken into account in the test of endurance. Netherlands four major Dutch banks examined have passed with clearance testing, according to Rabobank, ABN Amro, ING Bank and SNS. The results of the tests show that the four entities would outweigh even in the most extreme scenarios the value of 5% of capital of maximum quality established rrencia. Great Britain four tested British banks have exceeded the required minimum to deal with a situation of extreme crisis of the economy.

    Entities that exceeded the solvency test are the Royal Bank of Scotland, HSBC Holding, Barclays and Lloyds Banking Group. Ireland the Irish Allied Irish Banks (AIB), Bank of Ireland (BoI) and Irish Life & Permanent (ILP) also return to overcome the test, after that last March the Irish Central Bank (ICB) subjected them to severe tests of solvency at the request of the European Union (EU) and the International Monetary Fund (IMF). France examined four French banks – BNP Paribas, Societe Generale and Credit Agricole, Banque Caisse Populaire d epargne (BPCE) – have passed the required threshold of solvency. The Bank of France, to present the results, stressed that these four institutions, which represent almost 80% of the banking activity of the country, they passed the test successfully and compare favorably with their European peers. Belgium two examined Belgian banks, Dexia and KBC, have also passed the test, as reported by the National Bank of Belgium. Portugal four Portuguese banks that underwent the examination exceeded the test, as did last year, despite their difficulties to access liquidity. The entities are the Banco Espirito Santo (BES), the Banco Comercial Portuguese (BCP), the Portuguese Investment Bank (BPI) and the State Caixa Geral of deposits (CGD). Source of the news: an Austrian Bank and two Greeks also suspended tests of solvency of the EBA

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