The HFSF acknowledges the announcements made today by the ECB, the EBA and the Bank of Greece on the Comprehensive Assessment. This exercise comprised both an Asset Quality Review (AQR) and a Stress Test in which the capital adequacy of banks under review was tested under different stress scenarios, and measured against minimum threshold levels in each scenario.
The CEO, Anastasia Sakellariou, welcomes the positive outcome of this exercise, given that
the Comprehensive Assessment represents a rigorous review of 130 banks across Europe.
Regarding the four Greek systemic banks, the success of this exercise rewards the ongoing
restructuring and capital raising efforts of the last two years that have significantly reshaped
and reformed the Greek banking sector, underpinning the favorable dynamics of the Greek
economy.