EBA stress test confirms Nordea’s resilient capital position
On 28 July 2023 the European Banking Authority (EBA) published the results of the EU-wide stress test conducted in cooperation with the European Systemic Risk Board (ESRB), the European Central Bank (ECB) and the European Commission (EC). The forward-looking analysis covers the period 2023-2025 and considers the resilience of financial institutions to adverse economic shocks. The exercise confirms Nordea’s well-managed risk profile and resilient capital position. The 2023 EBA methodology and scenario assumptions are relatively severe for our Nordic operating geographies. Under the