INTESA SANPAOLO: 2023 EU-WIDE STRESS TEST RESULTS

Turin - Milan, 28 July 2023 – Intesa Sanpaolo was subject to the 2023 EU-wide stress test conducted by the European Banking Authority (EBA), in cooperation with the Single Supervisory Mechanism (SSM), the Bank of Italy, the European Central Bank (ECB), and the European Systemic Risk Board (ESRB).

The stress test scenario covers a three-year horizon (2023-2025). The stress test has been carried out applying a static balance sheet assumption as of December 2022 and therefore does not take into account future business strategies and management actions. It is not a forecast of Intesa Sanpaolo profits.

The Intesa Sanpaolo fully loaded Common Equity Tier 1 ratio (CET1 ratio) resulting from the stress test stands at:

	2023	2024	2025
Baseline scenario	14.02%	14.47%	14.85%
Adverse scenario	10.36%	10.78%	10.85%

versus the starting-point figure of 13.53% as of 31 December 2022.

The results of the stress test highlight that Intesa Sanpaolo is able to confirm its solidity even in complex scenarios, thanks to its well-diversified and resilient business model.

 

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