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Share Price Information for Barclays (BARC)

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Share Price: 201.55
Bid: 201.50
Ask: 201.55
Change: -1.90 (-0.93%)
Spread: 0.05 (0.025%)
Open: 204.85
High: 205.35
Low: 201.10
Prev. Close: 203.45
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AT A GLANCE: Summary Of EU Bank Stress Test Results

Fri, 23rd Jul 2010 17:36

LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how their exposure to the sovereign debt of 30 European countries would affect them in certain scenarios. CEBS tested the banks based on three scenarios. The first scenario measures capital levels at the end of 2011 assuming current official EU economic forecasts. A second scenario assumes a recession this year and next year, which CEBS estimates is a 5% probability. The third or worst-case scenario involves recessions this year and next year but made worse by an increase in sovereign risks, with long-term interest rates in the EU rising by a further 30 basis points on average. The probability of this happening is less than 5%, CEBS said. The success or failure depends upon a bank having a Tier 1 Capital Ratio of 6% or more under each scenario. The following is a country-by-country breakdown of the results, based on a bank maintaining its Tier 1 Capital Ratio above 6% for every scenario tested: Austria (2): Passed: Erste Group Bank AG (EBS.VI), Raiffeisen Zentralbank Oesterreich AG Failed: None Belgium (2): Passed: KBC Bank NV, Dexia SA (DEXB.BT) Failed: None Cyprus (2): Passed: Marfin Popular Bank PCL (CPB.CP), Bank of Cyprus PCL (BOCY.CP) Failed: None Denmark (3): Passed: Danske Bank AS (DANSKE.KO), Jyske Bank A/S (JYSK.KO), Sydbank A/S (SYDB.KO) Failed: None Finland (1): Passed: OP-Pohjola Group Failed: None France (4): Passed: BNP Paribas SA (BNP.FR), Credit Agricole SA (ACA.FR), BPCE, Societe Generale SA (GLE.FR) Failed: None Germany (14): Passed: Deutsche Bank AG (DB) , Commerzbank AG (CBK.XE), Landesbank Baden-Wurttemberg, Bayerische Landesbank, DZ Bank AG, Norddeutsche Landesbank, Deutsche Postbank AG (DPB.XE), WestLB AG, HSH Nordbank, Landesbank Hessen-Thuringen, Landesbank Berlin, Dekabank Deutsche Girozentrale, WGZ Bank AG Failed: Hypo Real Estate Group Greece (6): Passed: National Bank of Greece SA (NBG), EFG Eurobank Ergasias SA (EUROB.AT), Alpha Bank AE (ALPHA.AT), Piraeus Bank SA (TPEIR.AT), TT Hellenic Postbank SA (TT.AT) Failed: ATEBank (ATE.AT) Hungary (2): Passed: OTP Bank, FHB Jelzalogbank Nyiilvanosan Mukodo Failed: None Ireland (2): Passed: Bank of Ireland (BIR.DB), Allied Irish Banks PLC (AIB) Failed: None Italy (5): Passed: Unicredit SpA (UCG.MI), Intesa Sanpaolo SpA (ISP.MI), Banca Monte Dei Paschi Di Siena SpA (BMPS.MI), Banco Popolare SC (BP.MI), Unione Di Banche Italiane SCPA Failed: None Luxembourg (2): Passed: Banque Et Caisse D'Epargne De L'Etat, Banque Raiffeisen Failed: None Malta (1): Passed: Bank of Valletta PLC (BOV.VT) Failed: None Netherlands (4): Passed: ING Bank NV, Rabobank Group, Fortis Bank Nederland Holding (FORA-AE), SNS Reaal NV (SR.AE) Failed: None Poland (1): Passed: Powszechna Kasa Oszczednosci Bank Polski (PKO.WA) Failed: None Portugal (4): Passed: Caixa Geral De Depositos, Banco Comercial Portugues SA (BCP.LB), Espirito Santo, Banco BPI SA (BPI.LB) Failed: None Slovenia (1): Passed: Nova Ljubljanska Banka Failed: None Spain (27): Passed: Banco Santander SA (STD), Banco Bilbao Vizcaya Argentaria SA (BBVA), Jupiter, Caixa, CAM, Banco Popular Espanol SA (POP.MC), Banco de Sabadell SA (SAB.MC), Breogan, Mare Nostrum, Bankinter SA (BKT.MC), Caja De Ahorros YMP De Zaragoza, Antequera Y Jaen, Banco Pastor SA (PAS.MC), Caja Sol, Bilbao Bizkaia Kutxa, Caja de Ahorros YMP De Gipuzkoa Y San Sebastian, CAI, Banca March, Banco Guipuzcoano, Caja de Ahorros De Vitoria Y Alava, Caja de Ahorros YMP De Ontinyent, Colonya - Caixa D'Estalvis De Pollensa Failed: Unnim, Diada, Espiga, Banca Civica, Cajasur Sweden (4): Passed: Nordea Bank AB (NDA.SK), Skandinaviska Enskilda Banken AB (SEB-A.SK), Svenska Handelsbanken (SHB-B.SK), Swedbank AB (SWED-A.SK) Failed: None U.K. (4): Passed: HSBC Holdings PLC (HBC), Barclays PLC (BCS), Royal Bank of Scotland Group PLC (RBS), Lloyds Banking Group PLC (LYG) Failed: None -By Steve McGrath, Dow Jones Newswires; 44-20-7842-9284; steve.mcgrath@dowjones.com (END) Dow Jones Newswires July 23, 2010 12:36 ET (16:36 GMT)
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