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Four eurozone banks have passed the ECB stress test exercise by Reuters

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© Reuters. PHOTO OF THE FILE: The European Central Bank (ECB) headquarters appears in Frankfurt, Germany, on July 8, 2020. REUTERS / Ralph Orlowski / File Photo

FRANKFURT (Reuters) – Four eurozone banks that have recently collapsed under European Central Bank supervision conducted a stress test exercise that found no shortage of capital, the ECB said on Friday.

The banks – Cassa Centrale Banca in Italy and Iccrea Banca SpA, Luminor Bank AS in Estonia and Šiaulių bankas in Lithuania – have been classified as important entities with the supervision of the ECB by their local authorities.

“The comprehensive assessment shows that none of the four banks have a shortage of capital, as they have not been below the thresholds used in the asset quality review and stress test,” the ECB said in a statement.

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