Bank of Ireland
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EU bank stress test results due to be published

The European Banking Authority (EBA) is set to publish the results of stress tests on 90 banks across Europe.

The tests are designed as a financial healthcheck and aim to ensure banks have sufficient capital to withstand difficult economic times.

Some say the tests are not strict enough, despite changes made after only seven out of 91 banks failed last year.

Brian Milligan reports.

  • 15 Jul 2011
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