In addition to all of the above, the NBS is now prescribing tighter conditions relating to the very contents of loan contracts to make sure that clients are not placed into an inferior position by signing clauses such as “the spread shall vary in compliance with business policy of the bank”, etc. 2.
This appraisal of the present situation will be augmented by a  BIS central bankers’ speeches  3  joint ECB and European Banking Authority (EBA) stress test which is designed to expose potential future risk as well. The Balance Sheet Assessment will be a true “acid test” – for the banks as well as for the ECB and the national competent authorities alike.