Approximately 135 000 loan books will be examined by the authorities. The loan file review covers both corporate and retail portfolios. It covers total banking book riskweighted assets (RWA) of approximately € 3.7 trillion, representing 58 % of total credit riskweighted assets across the banks subject to the assessment.
In addition, 29 banks with material trading book exposures are subject to a specifically tailored AQR of the trading book. The structure of the Comprehensive Assessment also clarifies the frequently asked question, how this assessment differs from previously conducted EU level stress tests?