Bank regulation

Greek banks comfortably passed the capital adequacy stress tests conducted by the European Banking Authority (EBA), the latter announced on Friday.

Notably, in the adverse scenario for 2025, National Bank shows a CET1 of 14.5%, Eurobank 12.2%, Piraeus Bank 9.1% and Alpha Bank 8.9%.

The turmoil in the US banking sector following the collapse of Silicon Valley Bank (SVB) should have only a limited impact on European banks, which are organized differently, said ratings agencies Moody's and S&P Global on Tuesday, AFP reported.

Bank of Greece Governor Yannis Stournaras met on Thursday with Andrea Enria, chair of the Supervisory Board of the European Central Bank's Single Supervisory Mechanism (SSM).

Enria met with Stournaras and other members of the Bank of Greece's administration, as well as with representatives of the managements of Greek banks and the Hellenic Bank Association.

Turkey's Banking Regulation and Supervision Agency (BDDK) has announced on Tuesday that it will repeal the calculation of the Asset Ratio (AR), as of end of 2020 as part of the normalization steps.

Borsa Istanbul's banking index gained 3% while the U.S. dollar/Turkish lira exchange rate fell below 7.85 from 7.96 following the move.

Global bank capital rules should be applied in full across the European Union, the bloc's banking watchdog said on Monday, dashing industry hopes for leniency after a decade of intense regulation.

SOFIA, Sept 26 (Reuters) - The banks in Bulgaria will have to set aside additional capital as of October 2019 to counter a build-up of cyclical systemic risks linked to credit growth and real estate prices, the Bulgarian central bank said on Wednesday.

Greece's big banks must not relax efforts to reduce their bad debt after the positive outcome of a health check by the European Central Bank, a source familiar with the situation said on Tuesday, as the sector still faces challenges. 

A fresh economic crisis would leave Greek banks exposed and see their capital slide by billions, the European Central Bank said on May 5 after publishing the results of a latest stress test.

The country's four systemic banks saw their stock prices gain about 15 percent over the week after reports emerged that they have successfully negotiated their stress tests. During the week the lenders were informed in Frankfurt about the tests' progress and the official announcement of the results is now scheduled for Saturday, May 5.

The European Central Bank will decide "on a case-by-case basis" whether to demand that more capital is set aside by banks that come up short under stress in this year's health check of the European credit sector, its top supervisor said on Thursday.