Sign up to The Irish Times Archive (1859 - 2008)My Account »
Thu 07 Jul 2010IMF wants more transparency in bank 'stress tests'
EUROPE MUST make its bank “stress tests” more transparent and extend them across more institutions to enhance their credibility, according to the International Monetary Fund (IMF).
The results of the stress tests on 91 financial institutions across the European Union, due to be released tomorrow, will assess the banks’ ability to withstand renewed economic weakness and bankruptcies in the household, corporate and sovereign sectors.
Choose a Subscription type - required
