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Bank Pekao ranks 1st in Europe in EBA stress tests

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Bank Pekao ranks 1st in Europe in EBA stress tests
Source: Pixabay

Bank Pekao has been identified as the most resilient bank in Europe, among the 70 banks examined in this year's pan-European stress tests conducted by the European Banking Authority (EBA). In the extreme scenario, Pekao was one of the two banks that did not experience a decline in capital indicators. The stress tests assess the condition of European banks and provide important information for supervisory review and evaluation purposes.

Bank Pekao's Tier 1 capital ratio was projected to be 18.6% in the base scenario and 15.4% in the extreme scenario by 2025, well above the required regulatory levels. The bank's consistent risk-averse approach and strong liquidity have contributed to its resilience. Bank Pekao is part of the PZU Group, the largest financial group in Central and Eastern Europe.

Source: inwestycje.pl

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