2023-07-28 19:29:29
The new stress tests carried out on Spanish banks reveal that the sector would suffer less than other European entities in the event of a serious crisis or recession. The Spanish would be among the most affected, with a capital ratio of 10% in the adverse scenario, two and a half points less. While the Dutch, the Danes and the French would have a worse time, with ratios below 10%.
However, there are important differences between some banking groups and others within the Spanish financial system. For example, Kutxabank would be the most solvent bank in a crisis and Sabadell the least, according to the stress tests of the EBA (European banking authority, for its acronym in English).
Specifically, the Basque entity would be able to face an adverse scenario that materialized in 2025 with a fully loaded CET1 capital ratio, the benchmark for the market, of 15.3%. It is the one that would reach the highest level.
For their part, the other Spanish banks would place this ratio below 11%. Santander and Bankinter would be next, with ratios of 10.3%, followed by BBVA and Unicaja, both with 9.7%. CaixaBank would face the adverse scenario in three years with a fully loaded CET1 capital of 9.3%, while Abanca would do so with 9.2% and Sabadell, with 8.8%, according to the resolution of the latest tests. of stress.
These tests do not give banks a pass or fail, but offer a snapshot of how their solvency would be in certain stressed scenarios.
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