ECB says to test banks not in earlier health check
FRANKFURT (Reuters) - The results of a health check of nine additional euro zone banks will be published in November, the European Central Bank said on Friday, adding that eight of that group had not been part of an earlier wider round of tests.
A health check last year had focused on 130 banks. The latest round of tests will focus on eight additional banks while a ninth bank will be subject to a stress test because this had been postponed.
The nine banks include Banque Degroof S.A., Agence Française de Développement, J.P. Morgan Bank Luxembourg S.A., Mediterranean Bank plc, Sberbank Europe AG, VTB Bank (Austria) AG, Novo Banco, SA, Unicredit Banka Slovenija d.d., and Kuntarahoitus Oyj (Municipality Finance plc).
In the case of Novo Banco, only a stress test will be done, the ECB said earlier.
(Reporting By John O'Donnell; editing by Balazs Koranyi)
