🧵Our 2023 stress test results show that the euro area banking system could withstand a severe economic downturn. Three years of severe economic stress would cut the CET1 capital ratio of ECB-supervised banks to 10.4%, a fall of 4.8 percentage points https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230728~a10851714c.en.html
1/2