This section is dedicated to the EBA EU-wide stress tests and provides information about the methodologies and the scenarios used, as well as any additional supporting information released by the EBA during the conduct of the exercise.
One of the responsibilities of the European Banking Authority (EBA) 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 to conduct such an analysis is the EU-wide stress test exercise. The EBA Regulation gives the Authority 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 EBA's EU-wide stress tests are conducted in a bottom-up fashion, using consistent methodologies, scenarios and key assumptions developed in cooperation with the ESRB, the European Central Bank (ECB) and the European Commission (EC).
The European Banking Authority (EBA) launched today the 2021 EU-wide stress test and released the macroeconomic scenarios. Following the postponement of the 2020 exercise, due to the COVID-19 pandemic, this year’s EU-wide stress test will provide valuable input for assessing the resilience of the European banking sector. Accordingly, the adverse scenario is based on a narrative of a prolonged COVID-19 scenario in a ‘lower for longer’ interest rate environment, in which negative confidence shocks would prolong the economic contraction. The EBA expects to publish the results of the exercise by 31 July 2021.
29/01/2021
The European Banking Authority (EBA) will launch its 2021 EU-wide stress test exercise with the publication of the macroeconomic scenarios on 29 January at 18:00 CET. The EBA expects to publish the results of the exercise by 31 July 2021.
25/01/2021
The European Banking Authority (EBA) published today the final methodology, draft templates and template guidance for the 2021 EU-wide stress test along with the key milestones of the exercise. The methodology and templates include some targeted changes compared to the postponed 2020 exercise, such as the recognition of FX effects for certain P&L items, and the treatment of moratoria and public guarantees in relation to the current Covid-19 crisis. The stress test exercise will be launched in January 2021 with the publication of the macroeconomic scenarios and the results published by 31 July 2021.
13/11/2020
The Board of Supervisors (BoS) of the European Banking Authority (EBA) agreed on the tentative timeline and sample of the 2021 EU-wide stress test. The exercise is expected to be launched at the end of January 2021 and its results to be published at the end of July 2021.
30/07/2020
In this section you can find the main documents of the 2021 EU-wide stress test. On the 13 November the European Banking Authority published the final methodology, draft templates and template guidance for the 2021 EU-wide stress test. An updated version of the templates and template guidance, after the feedback provided by banks during the testing phase, is also available (18 December 2020 version). Please bear in mind that the current version of the templates and template guidance can still be subject to minor technical adjustments before its final publication in January 2021.
29/01/2021
29/01/2021
29/01/2021
The Macro-economic scenario has been amended on 12 February 2021. In particular, a correction of HICP and other consumption price indices on page 15 has been applied only for the United Kingdom
29/01/2021 (updated on 12/02/2021)
The Macro-economic scenario has been amended on 12 February 2021. In particular, a correction of HICP and other consumption price indices on page 15 has been applied only for the United Kingdom
29/01/2021 (updated on 12/02/2021)
29/01/2021
The excel version of the market risk shocks has been updated on 1 March 2020 to amend an inconsistency in the tab called “All_shocks_column”
29/01/2021 (updated on 01/03/2021)
29/01/2021
18/12/2020
13/11/2020
13/11/2020