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ECB stress tests not a problem for Italian lenders - ABI
May 21, 2013 / 9:21 AM / in 4 years

ECB stress tests not a problem for Italian lenders - ABI

ROME, May 21 (Reuters) - The head of Italy’s banking association (ABI) said on Tuesday that European Central Bank stress tests to gauge the credit strength of the country’s lenders are not a problem as long as the ECB applies the same criteria across the euro zone.

“We do not have any worries about stress tests,” ABI chief Giovanni Sabatini said during a meeting of the association. “Stress tests are important, but the criteria must be consistent.” (Reporting by Stefano Bernabei; Writing by Steve Scherer)

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