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Stress tests sent to German banks – Circles

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FRANKFURT (Dow Jones) – The German Bundesbank and the Federal Financial Supervisory Authority ( BaFin ) have sent out according to well-informed persons questionnaires for stress testing of the German banks on Monday. (Photo : Anders)

As one person familiar with the matter Dow Jones Newswires on Wed – ttwoch told subjected to 16 banks in Germany, the Europe-wide stress test.
The financial institutions had indicated that the release of the stress test results and agree to return until Tuesday evening, a consent form to the regulators . The banks now have several days to complete the questionnaire. It is unclear exactly how long this time, the institutes will be given. The " Handelsblatt "reports the deadline was set for Monday .
According to another person , the consent does not mean that all results of stress tests of an institution may be actually published . Rather, the data were partly published in aggregate form only , or notified the authorities. The full publication of individual stress test results make his opinion required under a separate consent form , this person said.
The Committee of European Banking Supervisors (Committee of European Banking Supervisors – CEBS ) will announce , according to an informed person on Wednesday details of the tests: "The CEBS is a press release about the methodology, the names of the banks involved and the date of publication of the publish results , "said the person , whose names would not be named.
The results of the stress of around 100 European banks , according to the French Finance Minister Christine Lagarde on 23 July will be announced.
According to the newspaper " Die Welt " is among the 16 German banks for German Bank AG, Commerzbank AG, Landesbank Baden – Wuerttemberg , KfW, DZ Bank, UniCredit Bank AG, Hypo Real Estate Holding AG , Bayerische Landesbank , Euro Hypo AG, WestLB AG, North German Landesbank Girozentrale , German Postbank AG , German Pfandbrief AG, HSH Nordbank, Landesbank Hessen -Thüringen Girozentrale and NRW Bank.

– By Ulrike period , Dow Jones Newswires , +49 (0 ) 69 29 725 500
ulrike.dauer @ dowjones.com
( Carolyn Henson has contributed to the article)
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