The European Banking Authority (EBA) said the test covered 70 banks, 20 more than in 2021 with 57 from the euro zone whose test was overseen by the European Central Bank, representing about 75% of banking assets in the EU.
Of the 14 German banks tested, 8 were below the EU average for CET1 and leverage ratio, while 6 were above.
The European Banking Federation, an industry body, said the results reaffirmed the resilience of the EU banking sector.
The watchdog said that in year three of the test, 37 banks fell below capital levels that trigger curbs on payouts.
Deutsche Kreditwirtschaft, an umbrella association representing the German financial industry, said the results proved that German banks were "resilient" but it criticized the ECB's approach.
Persons:
Goldman, Banks, markups, Tom Sims, John O'Donnell, Mathieu Rosemain, Mark Potter
Organizations:
European Union, European Banking Authority, European Central Bank, EU, JPMorgan, Volkswagen Bank, La Banque Postale, European Banking Federation, Deutsche, ECB, Thomson
Locations:
FRANKFURT, Europe, United States, France, Frankfurt, Paris