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BANK EXECUTIVES GIVE A SEMINAR ON THE SUSTAINABILITY OF BANKING ACTIVITY

  • June 1st, 2023
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Iker Arteagabeitia, Head of Kutxabank's Financial Department, gave a session to the first-year students of the Master's in Banking and Quantitative Finance in Bilbao on May 31st. In the class, the motivation and operation of banking stress tests and environmental tests were introduced and the experience of the guest professor in the resistance tests in which Kutxabank has participated in recent years.

Banking stress tests are tests to evaluate the robustness of financial institutions and their ability to withstand extreme situations or adverse scenarios such as those resulting from an economic recession or a financial crisis. In recent times, climatic and environmental stress tests have gained particular importance as instruments for evaluating the impact of risks arising from climate change. The ultimate objective of both types of tests is to identify vulnerabilities and take appropriate measures to mitigate the associated risks.