The results of a test carried out by the ECB conclude that banks in the euro zone are “resilient” to the different ramifications of the Russo-Ukrainian war and its second-round effects. But not all entities are affected in the same way: “The destruction of capital is higher for banks with higher operating costs and lower profitability,” warns the supervisor in its report.
The most efficient banking entities are, in general, those best prepared to face a potential worsening of the crisis caused by the Russian-Ukrainian war. The European Central Bank (ECB) has carried out a stress exercise in e
