In an initial provisional calculation performed in October, the EBA had identified a shortfall of EUR 364 million in LBBW's capital. Since performing this test, however, the EBA has enhanced its testing methodology in consultation with the German regulatory authorities. In its October test, for example, the EBA had estimated LBBW's capital based on an own approach. By contrast, the current capital exercise is based on the capital reported by LBBW at the end of September in accordance with regulatory requirements.
Further details can be found on the Internet at:
Result of the capital exercise 2011