Greece’s four systemic banks – Eurobank, National Bank of Greece (NBG), Alpha Bank and Piraeus Bank – easily passed European Central Bank-administered “stress tests”, the Eurozone’s central bank announced on Friday, in releasing its 2023 EU-wide results.
Based on the ECB’s report, the capital adequacy indexes for the four ATHEX-listed banks, in both the main and worst-case scenarios until 2025, are:
- Alpha Bank: The CET1 index is at 14.1 percent for the main scenario in 2025, up from 11.9 percent at the end of 2022 and 8.9 percent in the worst-case scenario in 2025.
- Eurobank: The CET1 index is at 18 percent for the main scenario in 2025, up from 14.4 percent at the end of 2022 and 12.2 percent in the worst-case scenario in 2025.
- NBG: The CET1 index is at 21.6 percent for the main scenario in 2025, up from 15.8 percent at the end of 2022 and 14.5 percent in the worst-case scenario in 2025.
- Piraeus Bank: The CET1 index is at 14.2 percent for the main scenario in 2025, up from 11.5 percent at the end of 2022 and 9.1 percent in the worst-case scenario in 2025
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