2010 European Union banking stress test exercise

A European Union-wide banking stress test exercise
Stress testing
Stress testing is a form of testing that is used to determine the stability of a given system or entity. It involves testing beyond normal operational capacity, often to a breaking point, in order to observe the results...

has been conducted by the Committee of European Banking Supervisors

Committee of European Banking Supervisors

The Committee of European Banking Supervisors was an independent advisory group on banking supervision in the European Union. Established by the European Commission in 2004 by Decision 2004/5/EC, and its charter revised on 23 January 2009, it was composed of senior representatives of bank...

every year since 2009. The second instance was performed in July 2010. The third was carried out with results published in July 2011. The Council of the European Union

Council of the European Union

The Council of the European Union is the institution in the legislature of the European Union representing the executives of member states, the other legislative body being the European Parliament. The Council is composed of twenty-seven national ministers...

(in its economic and financial – ECOFIN – configuration

Economic and Financial Affairs Council

The Economic and Financial Affairs Council is one of the oldest configurations of the Council of the European Union and is composed of the Economics and Finance Ministers of the 27 European Union member states, as well as Budget Ministers when budgetary issues are discussed.ECOFIN often works with...

) mandated that Committee so to do, in the aftermath of the global financial crisis which started in 2007.

2011 results

The results for the 2011 exercises were published on 15 July. Eight out of 90 banks failed the test -- five in Spain, two in Greece and one in Austria. Spain also is one of the leading countries in the list of approved banks (20), because it put up almost all of its financial sector (95 percent, against an average of about 60 percent).

The test is controversial, because Spain and Germany have complained the stress tests excluded dynamic provisions recognized by local regulators. In fact, a German bank didn't pass the test but they refused to publish its data and therefore it is not included in the official list.

Summary of 2010 results by bank

The 2010 test was the second of its kind, which assesses the financial strength of European banks under different adverse scenarios. This was done in cooperation with the European Central Bank

European Central Bank

The European Central Bank is the institution of the European Union that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt,...

, the European Commission

European Commission

The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....

and the national supervisory authorities of the member states.

The 2010 results were released on 23 July 2010. Of the 90 banks tested, 7 failed the 6 % tier 1 capital ratio threshold: five in Spain (Unnim, Diada, Espiga, Banca Cívica, and Cajasur), one in Germany (Hypo Real Estate), and one in Greece (ATEBank).

Bank	Member state	Tier 1 capital Tier 1 capital Tier 1 capital is the core measure of a bank's financial strength from a regulator's point of view. It is composed of core capital, which consists primarily of common stock and disclosed reserves , but may also include non-redeemable non-cumulative preferred stock... /MEUR	Assets/MEUR	Tier 1 ratio/%	Benchmark/%	Adverse/%	Shock/%	Additional capital needed/MEUR
Erste Group Bank AG	Austria	11486	125486	9.2	10.4	8.1	8.0
KBC Bank KBC Bank KBC Bank N.V. is a Belgian universal multi-channel bank, focusing on private clients and small and medium-sized enterprises. Besides retail banking, insurance and asset management activities , KBC is active in European debt capital markets, domestic cash equity markets and in the field of corporate...	Belgium	13440	123225	10.9	12.2	9.79	9.4
Dexia Dexia Dexia N.V./S.A., also referred to as the Dexia Group, is a Belgian-French financial institution active in public finance, providing retail and commercial banking services to individuals and SMEs, asset management, and insurance...	Belgium	17573	143170	12.3	13.4	11.2	10.9
Marfin Popular Bank Marfin Popular Bank Marfin Popular Bank is the second largest banking group in Cyprus behind the Bank of Cyprus. Trading on the island as Laiki Bank , it currently holds a 15% share of the market in loans and a 19% share of deposits. Its shares are listed on the Cyprus Stock Exchange and the Athens Stock Exchange... Public Co Ltd	Cyprus	2411	25622	9.4	10.0	8.5	7.1
Bank of Cyprus Bank of Cyprus Bank of Cyprus is a major Cypriot financial institution. In terms of market capitalisation it is the country's second largest company.As of December 31, 2005, the Group's Total Assets reached C£13,22bn and the Group's Shareholders' Funds were C£818mn . At 30 September 2008, the Group's Total... Public Co Ltd	Cyprus	2533	24065	10.5	10.9	9.4	8.0
Danske Bank Danske Bank Danske Bank is a Danish bank. The name literally means "Danish Bank" It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn ....	Denmark	15874	135510	11.7	11.7	10.8	10.0
Jyske Bank Jyske Bank Jyske Bank A/S is the third largest Danish bank in terms of market share.The headquarters are located in Silkeborg, and the Bank has offices, branches, or subsidiaries in Denmark, France, Germany, Gibraltar, the Netherlands, Switzerland, and the United Kingdom.Jyske Bank is number three in Denmark...	Denmark	1817	13494	13.5	14.1	12.8	12.5
Sydbank Sydbank Sydbank A/S is Denmark's fourth-largest bank with headquarters in Aabenraa. Sydbank was founded in 1970 with the merger of four local banks based in Southern Jutland: Den Nordslesvigske Folkebank ; Graasten Bank ; Folkebanken for Als og Sundeved and Tønder Landmandsbank .- 1970s :In 1970's voksede...	Denmark	1374	10470	13.1	14.8	13.4	13.2
OP-Pohjola Group OP-Pohjola Group OP-Pohjola Group comprises 229 independent member co-operative banks and the Group's statutory central institution, OP Bank Group Central Co-operative.The subsidiaries of the OP Bank Group Central Co-operative and their products include:...	Finland	5227	41480	12.6	13.4	12.5	12.3
BNP Paribas BNP Paribas BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...	France	62910	620714	12.6	13.4	12.5	12.3
Crédit Agricole Crédit Agricole Crédit Agricole S.A. is the largest retail banking group in France, second largest in Europe and the eighth largest in the world by Tier 1 capital according to The Banker magazine. It is also part of the CAC 40 stock market index....	France	52405	538903	9.7	10.6	9.2	9.0
BPCE BPCE Groupe BPCE is France's second largest bank, formed by the 2009 merger of CNCE and BFBP , has more than 8,200 branches nationwide under their respective brand names serving nearly 40 million customers...	France	37574	411135	9.1	10.2	8.7	8.5
Société Générale Société Générale Société Générale S.A. is a large European Bank and a major Financial Services company that has a substantial global presence. Its registered office is on Boulevard Haussmann in the 9th arrondissement of Paris, while its head office is in the Tours Société Générale in the business district of La...	France	34693	324080	10.7	11.9	10.2	10.0
Deutsche Bank Deutsche Bank Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets... AG	Germany	34406	273477	12.6	13.2	10.3	9.7
Commerzbank Commerzbank Commerzbank AG is the second-largest bank in Germany, after Deutsche Bank, headquartered in Frankfurt am Main.-Activities:Commerzbank is mainly active in commercial bank, retail banking and mortgaging. It suffered reversals in investment banking in early 2000s and scaled back its Securities unit... AG	Germany	29521	280133	10.5	10.5	9.3	9.1
Hypo Real Estate Hypo Real Estate The Hypo Real Estate Holding AG is a holding company based in Munich, Germany which comprises a number of real estate financing banks. The company's activities span three sectors of the real estate market: commercial property, infrastructure and public finance, and capital markets and asset... Holdings AG	Germany	7613	80966	9.4	7.8	5.3	4.7	1245
Landesbank Baden-Württemberg Landesbank Baden-Württemberg Landesbank Baden-Württemberg is a parent company of three commercial bank and the Landesbank for some Federal States of Germany.-History:...	Germany	13914	142525	9.8	9.8	8.4	8.1
Bayerische Landesbank	Germany	14788	135787	10.9	11.9	9.1	8.8
DZ Bank DZ Bank DZ Bank AG is an acronym for Deutsche Zentral-Genossenschaftbank . DZ Bank is the fourth largest bank in Germany by asset size and the central institution for more than 900 co-operative banks and their 12,000 branch offices... AG (Deutsche Zentralgenossenschaftbank)	Germany	9408	95024	9.9	10.4	9.2	8.7
Norddeutsche Landesbank Norddeutsche Landesbank The Norddeutsche Landesbank is a German landesbank and one of the largest commercial banks in Germany. It is a public corporation owned by the federal states of Lower Saxony and Saxony-Anhalt with its head office in Hanover and branches in Braunschweig and Magdeburg.Nord/LB was established in 1765... GZ	Germany	6931	92576	7.5	8.0	6.4	6.2
Deutsche Postbank Deutsche Postbank Deutsche Postbank AG is a German retail bank with headquarters in Bonn. Postbank was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990. It became a wholly owned subsidiary of Deutsche Post in 1999, and was partially spun out on the Frankfurt Stock Exchange in 2004... AG	Germany	4906	68701	7.1	7.9	6.7	6.6
WestLB WestLB WestLB AG is a European commercial bank based in Düsseldorf in Germany which is partly owned by the German state of North Rhine-Westphalia. The letters LB in the name stand for Landesbank. The Landesbanken are a group of state owned banks unique to Germany... AG	Germany	5148	35651	14.4	12.4	8.9	7.1
HSH Nordbank HSH Nordbank HSH Nordbank is a commercial bank in northern Europe with headquarters in Hamburg as well as Kiel, Germany. It is active in corporate and private banking. HSHs main focus is on shipping, transportation, real estate and renewable energy.... AG	Germany	7491	71391	10.5	14.9	9.9	9.7
Landesbank Hessen-Thüringen GZ	Germany	5416	61272	8.8	8.9	7.9	7.3
Landesbank Berlin AG	Germany	5642	42363	13.3	12.8	11.3	11.2
DekaBank DekaBank The DekaBank is the central asset manager of the German Sparkassen. Deka as an investment company was founded in 1956. In 1999 it merged with Deutsche Girozentrale , which was founded in 1918... Deutsche Girozentrale	Germany	2821	28815	9.8	11.1	9.5	8.4
WGZ Bank WGZ Bank The WGZ Bank is the umbrella organization of some 230 cooperative financial institutions in the Rhineland and in Westphalia. It is based in Düsseldorf... AG Westdeutsche Genossenschafts-Zentralbank	Germany	1833	18981	9.7	10.8	9.5	9.1
National Bank of Greece National Bank of Greece The National Bank of Greece is the oldest and largest commercial banking group in Greece. The group has a particularly strong presence in Southeastern Europe and the Eastern Mediterranean...	Greece	7590	67407	11.3	11.7	9.6	7.40
EFG Eurobank Ergasias, S.A.	Greece	5349	47827	11.2	11.7	10.2	8.17
Alpha Bank Alpha Bank Alpha Bank is the second largest bank in Greece with 450 branches throughout the country. It also has a subsidiary and branch in London, and branches and subsidiaries throughout the Balkans . Founded in 1879, it has been controlled by the Costopoulos family since the very beginning...	Greece	5920	51084	11.6	12.3	10.9	8.22
Piraeus Bank Piraeus Bank Piraeus Bank Group is a Greek bank founded in 1916 that went through a period of state ownership and management before it was privatised in December 1991. Since then, it has continuously grown in size and activities... Group	Greece	3401	37394	9.1	10.9	8.3	6.0
Agricultural Bank of Greece S.A. (ATEbank ATEbank The Agricultural Bank of Greece is a commercial bank based in Athens, Greece. The bank was founded in 1929. The bank proclaimed that it would focus on the Balkan bank market, with the business activities of supporting of the agricultural sector... )	Greece	1263	15100	8.4	10.7	8.9	4.36	242.6
TT Hellenic Postbank S.A.	Greece	1286	7525	17.1	17.0	15.0	10.1
OTP Bank OTP Bank OTP Bank is the biggest commercial bank in Hungary, operating in Central and Eastern Europe. The bank provides universal financial services for more than 13 million costumers, through nearly 1500 branches in 9 countries.... NYRT.	Hungary	3521	25463	13.8	18.0	16.8	16.2
FHB Jelzálogbank Nyilvánosan Működő RT.	Hungary	122	1428	8.6	14.1	10.8	10.6
Bank of Ireland Bank of Ireland The Bank of Ireland is a commercial bank operation in Ireland, which is one of the 'Big Four' in both parts of the island.Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Irish banking history...	Ireland	9575	104639	9.2	9.0	7.6	7.1
Allied Irish Banks Allied Irish Banks Allied Irish Banks p.l.c. is a major commercial bank based in Ireland.AIB is one of the so called "big four" commercial banks in the state. The bank has one of the largest branch networks in Ireland; only Bank of Ireland fully rivals it. AIB offers a full range of personal and corporate banking...	Ireland	8542	121605	7.0	9.5	7.2	6.5
UniCredit UniCredit UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.- Geography :...	Italy	39034	452388	8.6	10.0	8.1	7.8
Intesa Sanpaolo Intesa Sanpaolo Intesa Sanpaolo is a banking group resulting from the merger between Banca Intesa and Sanpaolo IMI based in Turin, Italy. It has clear leadership in the Italian market and a minor but growing international presence focused on Central-Eastern Europe, the Middle East and North Africa Intesa Sanpaolo...	Italy	30205	361750	8.3	9.8	8.8	8.2
Monte dei Paschi di Siena Monte dei Paschi di Siena Banca Monte dei Paschi di Siena S.p.A. is the oldest surviving bank in the world. Founded in 1472 by the Magistrate of the city state of Siena, Italy, as a mount of piety, it has been operating ever since. Today it consists of approximately 3,000 branches, 33,000 employees and 4.5 million...	Italy	9093	120899	7.5	7.6	6.8	6.2
Banco Popolare Banco Popolare Banco Popolare is an Italian cooperative bank, formed in 2007 from the merger of Banco Popolare di Verona e Novara and Banca Popolare Italiana . In June 2009 the company became the first Italian bank to receive state aid from the Government of Italy due to the ongoing financial crisis. It sold...	Italy	7125	92623	7.7	7.8	7.4	7.0
Unione di Banche Italiane SCPA (UBI Banca)	Italy	6817	85677	8.0	7.6	7.1	6.8
Banque et Caisse D’Épargne de l’État Banque et Caisse d'Épargne de l'État In Luxemburgish Spuerkeess, in French Banque et Caisse d'Épargne de l'État , is a Luxembourgish bank, established and owned by the Luxembourgish government...	Luxembourg	1552	13569	11.4	14.2	11.5	11.3
Banque Raiffeisen Banque Raiffeisen Banque Raiffeisen is a bank in Luxembourg....	Luxembourg	195	2286	8.5	9.8	8.4	8.2
Bank of Valletta Bank of Valletta Bank of Valletta is Malta's longest established financial services provider and one of its largest. Domestic operations include a national network of 45 branches, 6 regional business centres, corporate centre, and a wealth management arm...	Malta	343	3269	10.5	11.5	11.0	9.3
ING Bank	The Netherlands	34015	332375	10.2	11.2	9.1	8.8
Rabobank Group	The Netherlands	33226	236320	14.1	14.8	12.7	12.5
ABN ABN AMRO ABN AMRO Bank N.V. is a Dutch state-owned bank with headquarters in Amsterdam. It was re-established, in its current form, in 2009 following the acquisition and break up of ABN AMRO Group by a banking consortium consisting of Royal Bank of Scotland Group, Santander and Fortis... /Fortis Bank Nederland Fortis Bank Nederland Fortis Bank Nederland was a bank in the Netherlands until 2010.The holding came into being within Fortis Bank, as a holding for those Dutch banks taken over by Fortis... (Holdings) NV	The Netherlands	15481	118703	13.0	12.0	10.3	9.9
SNS Bank SNS Bank SNS Bank is a Dutch retail bank offering financial products to both companies and individuals. SNS Bank was formed out of a merger of several savings banks in the Netherlands. SNS is an abbreviation of "Samenwerkende Nederlandse Spaarbanken" . In 1997, SNS Bank's holding company bought all shares...	The Netherlands	2766	25885	10.7	12.0	10.8	10.5
PKO Bank Polski PKO Bank Polski Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna is Poland's largest bank. It provides services to individual and business clients. The core business activity of PKO Bank Polski is retail banking...	Poland	3960	29691	13.3	16.5	15.7	15.4
Caixa Geral de Depósitos Caixa Geral de Depósitos Caixa Geral de Depósitos is a Portuguese state-owned banking corporation and the largest bank in Portugal.- History :*1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público....	Portugal	5983	71041	8.4	9.1	8.4	8.2
Banco Comercial Português Banco Comercial Português Banco Comercial Português , is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Carlos Santos Ferreira. BCP is based in Porto, but its operations are headquartered...	Portugal	6102	65623	9.3	9.4	8.4	8.4
Espírito Santo Financial Group Espírito Santo Financial Group The Espírito Santo Financial Group is a portuguese holding company with headquarters in Luxembourg, founded in 1984. The group represents the interests of the Portuguese Espirito Santo Group, which has major investments in Portugal and Europe, Americas, Africa and Asia.The company is listed on the... S.A.	Portugal	5199	67899	7.7	9.2	7.4	6.9
Banco BPI	Portugal	2210	26060	8.5	11.6	10.3	10.2
Nova ljubljanska banka Nova Ljubljanska banka Nova Ljubljanska banka is the largest bank in Slovenia. It has branches throughout Slovenia, Trieste in neighbouring Italy and subsidiary banks in Montenegro, Serbia, Macedonia, Bulgaria, Germany and other countries in Europe. The head office is in Ljubljana, Slovenia....	Slovenia	917	12163	7.5	7.0	7.4	6.3
Grupo Santander Grupo Santander The Santander Group is a banking group centered on Banco Santander, S.A., the largest bank in the Eurozone and one of the largest banks in the world in terms of market capitalisation. According to Forbes Magazine Global 2000, it is the 13th largest public company in the world...	Spain	56005	562616	10.0	11.0	10.2	10.0
Grupo BBVA	Spain	27255	290062	9.4	10.6	9.6	9.3
“Jupiter”: Caja Madrid Caja Madrid Caja Madrid, formally the Caja de Ahorros y Monte de Piedad de Madrid, headquartered in Madrid, is the oldest of the Spanish savings banks. It was founded on December 3, 1702 as Monte de Piedad de Madrid by Francisco Piquer, an Aragonese priest... , Bancaja, etc.	Spain	19244	223066	8.6	8.8	6.8	6.3
La Caixa La Caixa La Caixa , formally Caixa d'Estalvis i Pensions de Barcelona , is currently Europe’s leading savings bank and Spain's third largest financial institution, with a network of over 5,500 branches, more than 8,100 ATMs, a workforce in excess of 27,000 and more than 10.7 million...	Spain	16800	162979	10.3	10.6	8.5	7.7
“Base”: Caja de Ahorros Mediterráneo, etc.	Spain	8087	86534	9.3	10.5	8.4	7.8
Banco Popular Español Banco Popular Español Banco Popular Español is the fourth largest banking group in Spain. The group consists of the following companies:*A national bank: Banco Popular Español...	Spain	8457	92571	9.1	9.2	7.5	7.0
Banco de Sabadell	Spain	5211	57958	9.0	9.6	7.7	7.2
Diada	Spain	3470	52861	6.6	6.4	4.5	3.9	1032
“Breogan”: Caja de Ahorros de Galicia, Caixanova, etc.	Spain	5035	58516	8.6	10.1	7.8	7.2
“Mare Nostrum”: Caja de Ahorros de Murcia, SA Nostra, etc.	Spain	4129	45858	9.0	9.7	7.6	7.0
Bankinter Bankinter Bankinter, S.A., is a Spanish commercial bank. Bankinter is currently the sixth-largest listed banking group in Spain. The biggest individual shareholder in the company is Crédit Agricole, which acquired around 20% in late 2007... , S.A.	Spain	2291	30659	7.5	8.4	7.6	6.8
“Espiga”: Caja Duero, Caja España, etc.	Spain	2475	28881	8.6	8.2	6.1	5.6	127
“Banca Cívica Banca Civica Banca Civica is a Spanish lender that was the result of the merger of four Spanish savings banks. These banks are Caja Navarra, CajaCanarias, Caja De Burgos and Cajasol.... ”: Caja Navarra Caja Navarra Caja de Ahorros de Navarra or Caja Navarra or CAN is a medium sized savings bank based in the Navarra region of northern Spain with its headquarters in Pamplona... , etc.	Spain	2900	30055	9.6	7.6	5.2	4.7	406
Ibercaja	Spain	2369	25291	9.4	9.1	7.3	6.7
Unicaja Unicaja Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera, trading under the name Unicaja, is a financial institution based in Málaga, Spain and chartered as a caja de ahorros, similar to what would be called a savings and loan association in the United States, or a building...	Spain	2584	21909	11.8	11.8	9.6	9.0
Banco Pastor Banco Pastor Banco Pastor, S.A. is a Spanish bank. It is the second oldest banking institution in the country, after Banco Etcheverría.Founded in 1776 by Jaime Dalmau Batista as Jaime Dalmau y Cía , who had a shipping company operating between the port of A Coruña and several American ports...	Spain	1974	18713	10.5	8.7	6.8	6.0
Caja Sol	Spain	2197	21237	10.3	8.7	6.6	6.0
Bilbao Bizkaia Kutxa Bilbao Bizkaia Kutxa Bilbao Bizkaia Kutxa is a Spanish savings bank based in the province of Biscay in the Basque Country, Spain. It was formed in 1990 when the Caja de Ahorros Municipal de Bilbao and the Bizkaiko Aurrezki Kutxa-Caja de Ahorros Vizcaína were merged...	Spain	2812	19202	14.6	17.4	14.7	14.1
“Unnim”: Caixa Sabadell, etc.	Spain	1426	19703	7.2	6.6	5.1	4.5	270
Kutxa Kutxa The Kutxa is a savings bank operating with a regional scope in the Gipuzkoa province of Spain. Its Spanish name is Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián but it is most widely referred to as Kutxa.- History :...	Spain	2099	16100	13.0	12.6	11.1	10.6
“Caja3”: Caja Círculo, etc.	Spain	1414	14994	9.4	8.8	6.6	6.1
Cajasur CajaSur CajaSur was a Spanish savings bank, run by the priests in the Catholic Church, located in Córdoba, Spain. It was seized in May 2010 and defaulted in December 2010....	Spain	222	12094	1.8	6.6	4.9	4.3	208
Banca March Banca March Banca March is a Spanish bank headquartered in Palma de Mallorca.The bank was founded in Palma de Mallorca by Juan March Ordinas in 1926. In the beginning, its sphere of influence was limited to Majorca but it eventually grew to be the leading independent bank in the Balearic Islands...	Spain	1866	9488	19.7	20.8	19.5	19.0
Banco Guipuzcoano	Spain	709	7813	9.1	8.1	6.6	6.1
Caja Vital Kutxa	Spain	755	6652	11.3	9.5	7.5	7.0
Caja de Ahorros y Monte de Piedad de Ontinyent	Spain	61	688	8.9	8.4	6.6	6.6
Colonya, Caixa de Pollença	Spain	18	183	9.9	9.1	6.6	6.2
Nordea Nordea Nordea Bank AB is a Stockholm-based financial services group operating in Northern Europe. The bank is the result of the successive mergers and acquisitions of the Swedish, Finnish, Danish and Norwegian banks of Nordbanken, Merita Bank, Unibank and Kreditkassen that took place between 1997 and 2000...	Sweden	19577	191858	10.2	11.3	10.2	10.1
SEB Skandinaviska Enskilda Banken Skandinaviska Enskilda Banken AB is a Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm, Sweden. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations and also owns Eurocard...	Sweden	10025	80585	12.4	11.8	10.7	10.3
Svenska Handelsbanken	Sweden	8604	94617	9.1	10.2	9.1	8.9
Swedbank Swedbank Swedbank AB is a leading Nordic-Baltic banking group with 9.5 million retail customers and 534,000 corporate customers in Sweden, Estonia, Latvia, and Lithuania. In Sweden, the group has 377 branches. In the Baltic countries, it has another 224 branches...	Sweden	7968	76518	10.4	10.7	10.5	9.9
Royal Bank of Scotland Royal Bank of Scotland The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...	United Kingdom	62898	438200	14.4	14.1	11.7	11.2
HSBC HSBC HSBC Holdings plc is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom. it is the world's second-largest banking and financial services group and second-largest public company according to a composite measure by Forbes magazine... Holdings Plc	United Kingdom	122157	1133200	10.8	11.7	10.4	10.2
Barclays	United Kingdom	49637	382649	13.0	15.8	13.9	13.7
Lloyds Banking Group Lloyds Banking Group Lloyds Banking Group plc is a major British financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at February 2010, HM Treasury held a 41% shareholding through UK Financial Investments Limited . The Group headquarters is located at 25 Gresham Street in London, with...	United Kingdom	47530	493307	9.6	10.8	9.4	9.2

MEUR = million euros
Assets = total risk-weighted assets
Benchmark = tier 1 ratio with benchmark scenario at 31 December 2011
Adverse = tier 1 ratio with adverse scenario at 31 December 2011
Shock = tier 1 ratio with additional sovereign shock on the adverse scenario at 31 December 2011
Additional capital needed = additional capital needed to reach 6 % tier 1 ratio under adverse scenario at 31 December 2011

External links

The source of this article is wikipedia, the free encyclopedia. The text of this article is licensed under the GFDL.

2011 results

Summary of 2010 results by bank

See also

External links