Brussels, 31/01/2014 (Agence Europe) - On Friday 31 January 2014, the European Banking Authority (EBA) published details of the methodology to be used for the 2014 bank stress tests to be carried out on 124 banks in 22 EU member states and published in October.
The stress tests will measure banks' ability to deal with three consecutive years of financial turbulence. Under the EBA's baseline scenario, banks will need to hold at least 8% of their assets as optimal quality assets (CET 1),...