US EditionEuropean Banks Have Passed Stress Tests and Are Ready for the Crisis, Says the European Banking Authority
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Banks in the European Union member states are strong enough to withstand economic shocks caused by current trade and geopolitical tensions. The European Banking Authority (EBA) announced this on Friday evening, August 1, when it presented the results of its stress tests. The EBA, which is tasked with applying a standard set of rules for regulating and supervising the banking sector across all EU countries and is based in Paris, tested how 64 Eur…
UniCredit notes the publication of the results of the 2025 EU-wide stress test conducted by the European Banking Authority (EBA) in collaboration with the Single Supervisory Mechanism (SSM), the European Central Bank, and the European Systemic Risk Board (ESRB). The company announced this in a statement.
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