EBA hails banks’ capital strengthening

The European Banking Auhority (EBA) hailed their december 2011 exercise to force the continent’s banks to buttress themselves with fresh capital as a resounding success on the 11 July 2012, revealing 27 banks deemed to have a capital shortfall of €76bn in the autumn of 2011 raised a combined €94.4bn by the end of the June 2012 deadline.

ESO: Background information: Banks face new European stress tests / IMF urges swift action on Europe banks / Merkel willing to recapitalise banks / How to recapitalise a continent’s banks http://www.europeansources.info/record/banks-face-new-european-stress-tests-imf-urges-swift-action-on-europe-banks-merkel-willing-to-recapitalise-banks-how-to-recapitalise-a-continents-banks/

EBA: Press Release, 11.7.12: News & Communications > By Year > 2012 Update on the implementation of the capital exercise http://www.eba.europa.eu/News--Communications/Year/2012/Update-implementation-capital-exercise.aspx

EBA: Risk analysis and data: EU-wide stress testing http://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stress-testing

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