Le communiqué de la Banque centrale européenne

26 October 2014 Press and Communications Press release EBA publishes 2014 EU-wide stress test results The European Banking Authority (EBA) published today the results of the 2014 EU-wide stress test of 123 banks. The aim of the stress test is to assess the resilience of EU banks to adverse economic developments, so as to understand remaining vulnerabilities, complete the repair of the EU banking sector and increase confidence. On average, EU banks’ common equity ratio (CET1) drops by 260 basis points, from 11.1% at the start of the exercise, after the asset quality reviews’ (AQRs) adjustment, to 8.5% after the stress. By disclosing these results, the EBA is providing unparalleled transparency into EU banks’ balance sheets, with up to 12,000 data points per bank, an essential step towards enhancing market discipline in the EU. In preparation for the stress test, EU banks have made significant progress in strengthening their capital positions, as the starting CET1 ratio levels show. Between January and September 2014 alone, they have raised further EUR 53.6 bn of equity (EUR 39.2 bn net of repayments and buybacks) and 39.1 bn of contingent convertible instruments (both additional Tier 1 and Tier 2). The 2014 EU-wide stress test results show an overall impact of the adverse macroeconomic scenario on the CET1 ratio of 260 basis points over 3 years, with CET1 decreasing from 11.1% in 2013 to 8.5% in 2016.