BOCY, HB, RCB, Coop sub­mit­ted re­ports

Financial Mirror (Cyprus) - - FRONT PAGE -

The Euro­pean Cen­tral Bank has an­nounced that it will publish the re­sults of 130 Euro­pean banks’ as­set qual­ity re­view on Oc­to­ber 26, with the Euro­pean Bank­ing Au­thor­ity is­sue the re­sults of its EU-wide stress test on the same day.

The stress tests in­clude Bank of Cyprus, Hel­lenic Bank, RCB Bank and the Co­op­er­a­tive sec­tor, all of which have raised fresh cap­i­tal and im­proved their liq­uid­ity ra­tios. Their ex­ec­u­tives were in Brussels last Tues­day and Wed­nes­day to sub­mit their lat­est data.

“The re­sults will dis­tin­guish be­tween cap­i­tal short­falls iden­ti­fied in the AQR and those iden­ti­fied un­der the base­line and ad­verse sce­nar­ios of the stress test”, the ECB added.

It con­tin­ues to high­light that “they will also con­tain im­por­tant ad­di­tional in­for­ma­tion such as the cap­i­tal mar­ket

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.