BFA-Bankia Approves Test Your Stress With A Ops

Within hours of his debut on the floor and one day after getting the backing of Fitch, BFA-Bankia was relieved to have passed the test of the European Banking Authority (EBA).

An unfavorable outcome would have fancied as very negative, especially at a time when the markets are extremely turbulent and unpredictable.

Posted a Core Tier 1 Capital of 5.4% in the most adverse scenario by 2012, thanks to the results of the tests took into account its market debut. Specifically, the placement test estimate of 3,000 million, below the range established by the entity between 3636 and 4.164 million euros. If not dealt with this transaction or commitment to supporting Bankia Frob, the note would fall to 4%.

On the other hand, if you add the provisions made to cover losses totaling more than 4,200 million euros, 6.5% would Bankia.

Bankia qualify these results as' satisfactory 'and believes that the' volume of supplies in balance is an additional guarantee to meet unexpected losses. "

Claim against which we must be extremely skeptical. Why introduce the test scenarios worse than the current one? Is this a sign of a relapse?

Remember how in 2008, when traded swaps or clip bankinter caixa (interest rate swaps at the end after all), the entities which would be known in advance the future path of interest rates ...

Civic Banking Meanwhile pass the exam with a core Tier 1 of 5.6%, including the amount for the IPO of 847 million euros in the middle of the bracket for the amount loaned. Without this factor, the note would be 3.8% and to include other elements that absorb losses, the capital amounts to 9.4%.