EBA launches EU-wide stress test, the scenario for Cyprus banking sector

eba-launches-eu-wide-stress-test,-the-scenario-for-cyprus-banking-sector
Advertisement

The European Banking Authority (EBA) on Friday launched the 2021 EU-wide stress test, publishing the scenarios for the exercise, including those for Cyprus. Although Cypriot banks are not included in the sample of banking institutions, Cyprus’ systemic banks will take part in the exercise with the results incorporated in the Supervisory Review and Evaluation Process (SREP TEST). The results for the participating banks included in the sample will be published on July 31 2021, the EBA said. The 2020 stress tests were …

Advertisement
Advertisement
Previous articleCyprus’ Foreign Ministry welcomes renewal of mandate of the UN Peacekeeping Force in Cyprus
Next articlePolice issues 114 fines after checks for COVID measures violations, giving weight to Troodos access ban