Slidecast stress tests

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An English presentation about stress tests

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Slidecast stress tests

  1. 1. Stress tests<br />ResitEnglish 2009-2010<br />Pieter Coenen<br />2FV<br />
  2. 2. Table of contents<br />Introduction<br />What are stress tests?<br />Expectations<br />Results<br />Criticism<br />Reaction<br />Outro<br />
  3. 3. Introduction<br />2008 crisis and reforms<br />
  4. 4. What?<br />CEBS<br />‘whatif’ scenarios<br />Europeaneconomy -3% in comparison to forecast<br />Fall of prices of governmentbonds<br />Tier onecapital ratio of 6%<br />Why?<br />
  5. 5. Expectations<br />= or >10 out of 91 failingbanks<br />Spain, Greece and Germany<br />
  6. 6. Results<br />Friday 23 July<br />No stock exchange<br />7 banksfailed<br />Spain: Diada, Espiga, BancaCivica, Unnim and Cajasur<br />Greece: ATEbank<br />Germany: Hypo Real Estate<br />
  7. 7. Results<br />Fairlygoodresults<br />Low shortage of capital: 3 bnpounds<br />Small/regionalbanks<br />Excuses<br />Situation in<br />Spain<br />Greece<br />Germany<br />UK<br />
  8. 8. Results<br />Remarks<br />Government support<br />See “Criticism”<br />Goodornot? Dependingonreactionon stock exchange market<br />
  9. 9. Criticism<br />Tier onecapitalor core capital?<br />6%= enough?<br />Fall in price of governmentbonds = enough?<br />
  10. 10. Reaction<br />Currency<br />Higher bank shares<br />UK<br />France<br />Spain, Greece and Germany<br />
  11. 11. Outro<br />Conclusion<br />Thankyouforyourattention<br />

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