ECONOMY - FINANCE - BUSINESS / Banks

ECB reports positive management of interest rate risk by European banks

Brussels, 09/10/2017 (Agence Europe)

The interest rate risk is well managed in most European banks, the European Central Bank (ECB) reports in a press release dated Monday 9 October, following the publication of the results of its bank surveillance exercise ('stress test') for 2017.

Based on the model of the scenarios set out by the Basel Committee on banking control and in line with the figures available at the end of 2016, the exercise subjected European banks under the direct supervision of the ECB to six scenarios involving...