One big bank falls short of ECB’s capital requirements
One bank falls short and another comes close, although five banks failed test in 2016
The banking Supervisory Review and Evaluation Process for 2017, published on December 18 by the European Central Bank, shows one big European bank fell short of its capital requirements.
The ECB did not say which of the 119 big entities that it supervises failed the review, which was based on data as of the second quarter of 2017. The presentation published by the regulator shows that another institution barely reached the minimum capital requirements.
The ECB assesses banks against their
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