Bank of Valletta selected for EU stress test
Bank of Valletta has been selected for stress tests by the European Union.
The resulting perception from analysis of such a result, is significant for the local property market given Bank of Valletta's popularity as a loan provider for local businesses and property developers.
According to the Committee of European Banking Supervisors "the stress testing exercise does not provide forecasts of expected outcomes, but rather a what-if analysis aimed at supporting the supervisory assessment of the adequacy of capital of European banks."
The resulting perception from analysis of such a result, is significant for the local property market given Bank of Valletta's popularity as a loan provider for local businesses and property developers.
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