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  "documentTitle": "2023 EU Wide EBA Stress Test Our First Glance at Results",
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  "notes": "The slide details the methodology for P2G calculation based on EBA Stress Test results.",
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      "text": "The Pillar 2 Guidance is a bank-specific recommendation that indicates the level of capital that the ECB expects banks to maintain in addition to their binding capital requirements.",
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      "text": "Buckets with P2G ranges (2021)",
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      "text": "Step 1: Bucketing: Place banks in one of four buckets according to the depletion of their capital ratios in the EBA Stress Test",
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      "text": "Step 2: JST Adjustment: Set the final P2G for each bank within the range of the bucket or, exceptionally, beyond that range. Based on banks' individual situations, such as their risk profiles and the year in which their capital ratio reached its lowest point during the EBA Stress Test",
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      "text": "When assessing a bank's capital trajectory and its distribution plans, supervisors will take a forward-looking view duly informed by the results of the 2023 EBA Stress Test to calculate P2G. The current analysis assumes the same Methodology as EBA Stress Test 2021.",
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      "text": "Since 2021, ECB Banking Supervision uses a two-step bucketing approach to determine banks' individual P2G levels",
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      "text": "*maximum P2G in 2021 is expected to be 4.5% Source: ECB Banking Supervision",
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      "text": "2. Potential for Capital Distribution - Dividends and Buybacks",
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