Improvements in EBA stress test

  • Sectors : Banks
  • Companies : permanent tsb Group | AIB Group | Bank of Ireland


Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
AIB Group OUTPERFORM 23/01/19 Neutral 14/08/18 418c
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 930c
permanent tsb Group OUTPERFORM 04/02/21 Neutral 06/03/19 224c


In an Irish context, the results of the EBA’s biennial stress test were perhaps not unsurprising but are nonetheless welcome, particularly as a domestic Irish bank outperformed the EU/EEA average for the first time since the EBA commenced stress testing exercises. The outcomes feed into the ECB’s annual Supervisory Review and Evaluation Process (SREP), where the results see both AIB and BOI remain in Buckets 3 and 2 respectively and impact on Pillar 2 guided (P2G) capital buffers – so it is unlikely to materially change P2G buffers at this point.

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Jul 31 2023, 06:55 IST/BST