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25 banks that failed the ECB financial health test

26 October 2014, 15:50 CET
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(FRANKFURT) - Twenty-five banks from 11 eurozone countries failed the European Central Bank (ECB) financial health check.

The ECB found they were insufficiently capitalised on December 31, 2013 to withstand another financial crisis.

However, 12 of them have since taken steps to remedy the situation, said the ECB.

Here is a list of the banks that flunked the audit:

ITALY, 9 banks

Monte dei Paschi di Siena

Banca Carige

Veneto Banca

Banco Popolare

Banca Popolare di Milano

Banca Popolare di Vicenza

Banca Popolare di Sondrio

Credito Valtellinese

Banca Popolare dell'Emilia Romagna

GREECE, 3 banks

National Bank of Greece

Eurobank

Piraeus Bank

CYPRUS, 3 banks

Cooperative Central Bank

Hellenic Bank

Bank of Cyprus

BELGIUM, 2 banks

Dexia

AXA Bank Europe

SLOVENIA, 2 banks

Nova Ljubljanska Banka

Nova Kreditna Banka Maribor

PORTUGAL

Banco Comercial Português (BCP)

AUSTRIA

Oesterreichischer Volksbanken-Verbund (OeVA, also known as Volksbank)

IRELAND

Permanent TSB

GERMANY

Muenchener Hypothekenbank

FRANCE

Credit de Refinancement de l'Habitat (CRH)

SPAIN

Liberbank


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