The Royal Bank of Scotland (RBS) and Standard Chartered (StanChart) did not quite hit the target on the Bank of England’s recent round of stress tests.

A BBC news report said that for the second year the Bank of England (BoE) has called on the U.K.’s biggest lenders to test whether they can handle another financial meltdown.

While some of the biggest U.K. lenders emerged from the tests relatively unscathed, RBS and StanChart fell below the minimum capital requirements needed to survive another financial crisis. The banks tested were not required to devise a new capital plan as a result of the stress tests.

“The test was conducted on our balance sheet as at the end of 2014,” said Bill Winters, group chief executive, StanChart. “Since then we have made further significant progress in strengthening our capital position. We are operating at capital levels above current minimum regulatory requirements and have a number of additional levers at our disposal to further manage capital.”

Despite RBS and StanChart lagging behind, the BoE found that both financial institutions took the necessary steps to strengthen their balance sheets.

“We are pleased with the progress we have made relative to the 2014 stress test,” said Ewen Stevenson, chief financial officer, RBS in a statement. “But recognise we still have much to do to restore RBS to be a strong and resilient.”

All banks were told that they need to secure some capital to safeguard against U.K. exposures as the new measure “countercyclical capital buffer” will soon go into effect. 

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