文章基本信息

标题：ECB macroprudential stress test complements the EBA/SSM stress tests results in 2021
本地全文：下载
作者：Katarzyna Budnik Johannes Groß
期刊名称：EU Banking Sector Stability
印刷版ISSN：1725-5546
电子版ISSN：1725-5554
出版年度：2021
期号：2
语种：English
出版社：European Central Bank
摘要：The ECB’s biennial macroprudential stress test evaluates the resilience of the euro area banking system, this year also assessing the impact of pandemic-related policy measures. While relying on the same adverse and baseline scenarios as the EBA/SSM supervisory stress test, it also employs a dynamic balance sheet perspective and introduces amplification mechanisms relying on the banking euro area stress test model framework as outlined in Budnik et al. (2020). The results indicate a strong bank capitalisation under the baseline scenario combined with a subdued outlook for bank profitability. The lending outlook differs sharply for the two scenarios where policy support measures have a clear positive effect, especially in the adverse scenario, and have helped to ensure the resilience of the financial system.