The Banking Supervision division of the European Central Bank announced that it is currently undertaking comprehensive assessments of four European Banks. The banks being assessed are Abanka d.d. (Slovenia), Akciju sabiedrība "Rietumu Banka" (Latvia), Banca Mediolanum S.p.A. (Italy) and Citibank Europe Plc (Ireland). The assessments are being undertaken separately to the European Banking Authority stress test. The assessments commenced in March 2016 and the ECB expects results to be published in November 2016.

View the announcement.