Results of the European Central Bank’s (ECB) stress tests for European banks were published last Sunday. Twenty-four banks out ob 123 failed the tests, including two biggest Slovenian banks, Nova Ljubljanska banka (NLB) and Nova kreditna banka maribor (NKBM). Twelve out of these 24 banks have already raised enough capital to secure their businesses in case of severe stress and the tests are this time seen as quite positive.
But what do these stress tests really show and what do they mean for the population of a country that the banks are from?
Preberi več “ECB stress tests: More stress for banks or citizens?”