Top five Croatian banks pass stress tests

Zagrebacka Banka d.d.
Mon, 28/09/2020

Zagrebacka banka among the market leaders performing well in AQR and stress test


Five leading Croatian banks, including Zagrebacka banka, a member of UniCredit Group, participating in a comprehensive assessment conducted by the European Central Bank, do not face any capital shortfalls as they have not fallen below the relevant thresholds used in the asset quality review (AQR) and the stress test.

The comprehensive assessment is required as a part of the process of establishing close cooperation between the ECB and the national competent authority of a non-Eurozone EU Member State.

 The exercise was comprised of an asset quality review (AQR) and a stress test, both of which were based on the methodologies applied by ECB Banking Supervision in its regular comprehensive assessments of banks which have recently been classified as significant or could potentially become significant market players.