ECB's stress tests results officially expected midday Sunday (25/10)
The European Central Bank (ECB) will officially release the results of stress tests on the eurozone's largest banks - including Greece's four systemic banks National, Piraeus, Alpha and Eurobank - midday Sunday.
Governors of the four Greek banks were notified by the ECB of the results on Thursday night in order to have time to prepare their own official announcements to inform their shareholders and investors' market.
If a bank is found to need capital infusion, its announcement will include the method this will occur by. A statement is also expected on the results by the Bank of Greece.
The stress test has been conducted by the ECB on 123 banks of eurozone member-states.
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