EBA stress test

The DNB Bank Group has been part of the European Banking Authority (EBA) stress test based on the year-end figures for 2013.

The European Central Bank (ECB) has in addition conducted an Asset Quality Review (AQR) for banks, which will come under ECB supervision. In the DNB Bank Group, the subsidiaries in Lithuania (representing 1.6 per cent of the Group’s loan book) and the subsidiaries in Estonia (representing 0.3 per cent of the Group’s loan book) have been subject to the ECB’s AQR. The results from the AQR have been integrated in the stress test results both at group level and for the subsidiaries in Lithuania and Estonia.

The adverse scenario stress test result for the DNB Bank Group shows a CET1 ratio of 11.3 per cent, 12.7 per cent for DNB Lithuania, and 11.8 per cent for DNB Estonia. The required minimum ratio defined by the EBA and ECB was 5.5 per cent. DNB is satisfied with the stress test results.