One of the responsibilities of the European Banking Authority (EBA), as set out in its
Regulation, is to ensure the orderly functioning and integrity of financial markets and the stability of the financial system in the EU. To this end, the EBA is mandated to monitor and assess market developments as well as to identify trends, potential risks and vulnerabilities stemming from the micro-prudential level.
One of the primary supervisory tools used by the EBA to conduct such an analysis is the EU-wide stress test exercise. Articles 21 and 32 of the EBA Regulation give the EBA powers to initiate and coordinate the EU-wide stress tests, in cooperation with the European Systemic Risk Board (ESRB). The aim of such tests is to assess the resilience of financial institutions to adverse market developments, as well as to contribute to the overall assessment of systemic risk in the EU financial system.
The EU-wide stress tests are conducted by the EBA in a bottom-up fashion, using consistent methodologies, scenarios and key assumptions developed by the EBA in cooperation with the ESRB, the European Central Bank (ECB) and the EU Commission.
This section is dedicated to the EBA EU-wide stress tests and provides the reader with information about the methodologies and the scenarios used, as well as with any additional supporting information released by the EBA during the conduct of the exercise.
2011 EU-WIDE STRESS TEST RESULTS >
Additional information on the 2010 and 2009 exercises can be found under the respective sub-pages of this section.