FRANKFURT (Dow Jones) – The German Postbank AG will be sources said the ongoing stress test scheduled . " The requirements for core capital ratio will be well met, " said on Friday an informed person to Dow Jones Newswires. (Photo : Postbank)
The test of European supervision are required to undergo at present 91 banks. The aim is to dispel the worries of the financial market and the customers about the solvency of banks.
Among the German private banks , Postbank is one of the few shaky candidates. Count it , Credit Suisse , in an analysis of the financial institution to the candidate with capital : Postbank would add up to EUR 1.35 billion of fresh money to meet a Tier 1 ratio of 6% – and as much as the National Bank of Greece. End of March, the core capital ratio of Postbank – including the market risk – Located at 7.3 %.
Because of the speculation around the capital had yielded to the stock on Thursday against the trend and was also under pressure on Friday . In the afternoon , the stock traded at a discount of 1.3 % at 24.10 EUR .
If the Postbank stress test does not exist, it would not taste the Deutsche Bank secure. It currently holds just under 30 % in Postbank and also has the option of a complete takeover. The decision whether to actually come to the German bank will be given time .
The German bank itself seems on the subject of stress testing to be out of danger , as is the teilverstaatlichte Commerzbank. Both parties had existed , according to the stripped-down predecessor test.
Unlike the first test , the results are published in the current and thus ensuring transparency. The fact that German banks had to look forward will largely left to , Finance Minister Wolfgang Schäuble ( CDU ) has already suggested. His testimony , the consequences of the stress tests had worked for Germany " manageable " , prompt as a sop to the equity markets and could increase the prices of bank shares.
However, analysts have criticized the piecemeal approach of supervisors. The information provided must be " fragmented "to restore confidence , is the criticism.
It is unclear which capital in the tests is actually required . The requirements of the Basel Committee require banks a rate of 4%. Nevertheless , several European inspectorates be open to a thicker capital ceiling of 6% preferred. On request was a spokesman for the European Banking CEBS not say whether there is now at this point of unity among the various regulators .
-From Madeleine Nissen , Dow Jones Newswires
+49 ( 0 ) 69 29 725 115, madeleine.nissen @ dowjones.com
(Ulrike duration contributed to this article.)
DJG / maw / jhe / voi