The European Central Bank (ECB) has published the results of the
comprehensive assessment exercise undertaken on 130 banks located
in 19 Member States participating in the Single Supervisory
Mechanism (SSM). The exercise was conducted by the ECB in
conjunction with the national competent authorities responsible for
banking supervision in these Member States, and also involved the
European Banking Authority (EBA).
The comprehensive assessment consisted of two components, namely
an asset quality review (AQR) on the basis of a methodology
designed and published by the ECB, and a stress test following a
methodology designed and published by the EBA. The comprehensive
assessment was conducted on three credit institutions licensed by
the Malta Financial Services Authority (MFSA). These were Bank of
Valletta plc, HSBC Bank Malta plc, and Deutsche Bank (Malta) Ltd.
The selection of these banks was made on the basis of criteria that
were determined and published by the ECB.
