Four euro zone banks gallop ECB stress test teach

© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) are pictured in Frankfurt, Germany, July 8, 2020. REUTERS/Ralph Orlowski/File Photo

FRANKFURT (Reuters) – Four euro zone banks that currently fell below the European Central Bank’s supervision passed a stress test teach, which uncovered no capital shortfalls, the ECB said on Friday.

The banks – Italy’s Cassa Centrale Banca and Iccrea Banca S.p.A , Estonia’s Luminor Bank AS and Lithuania’s Šiaulių bankas – appreciate all been categorized as critical institutions with their supervision passing to the ECB from local authorities.

“The excellent overview reveals that not belief to be one of the dear four banks face any capital shortfalls, as they didn’t descend below the related thresholds feeble in the asset quality review and the stress test,” the ECB said in a commentary.

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