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2016-05-24

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Decision No 18/2016 of Národná banka Slovenska on O-SII buffer rates

Národná banka Slovenska issued Decision No 18/2016 to establish specific Other Systemically Important Institution buffer rates for five Slovak banks effective 1 January 2017. The regulation mandates that these capital buffers, ranging from 1% to 2%, be maintained on both an individual and sub-consolidated basis. This decision simultaneously repeals the previous Decision No 5/2015 regarding O-SII buffer rates.

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Decision No 18/2016 of Národná banka Slovenska of 24 May 2016 on the setting of O-SII buffer rates Národná banka Slovenska, in accordance with Article 33d(5) of Act No 483/2001 Coll. on banks and amending certain laws, as amended, has adopted this Decision:
Article 1
For banks in Slovakia identified as other systemically important institutions (O-SII), the O-SII buffers applied to them will be set at the following rates from 1 January 2017:
(a) Československá obchodná banka, a.s. 1%, (b) Poštová banka, a.s. 2%, (c) Slovenská sporiteľňa, a.s. 1%, (d) Tatra banka, a.s. 1%, (e) Všeobecná úverová banka, a.s. 1%.
Article 2
The O-SII buffers stated in Article 1 shall be maintained on both an individual and sub￾consolidated basis.
Article 3
This Decision repeals Decision No 5/2015 of Národná banka Slovenska of 26 May 2015 on the setting of O-SII buffer rates.
Article 4
This Decision enters into force on 1 January 2017.
Jozef Makúch
Governor

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Lineage: Superseded

Zákon č. 483/2001 Z. z. o banká…2001Zákon č. 483/2001 Z. z. o bankách a o zmene a doplnení niektorých zákonov (Act No. 483/2001 Coll. on Banks and on Amendments to Certain Laws) (2001-10-05)Decision No 5/2015 on the buffe…2015Decision No 5/2015 on the buffer rate for other systemically important institutions (2015-05-26)Decision No 18/2016 of Národnábanka Slovenska on O-SII buff…2016-05-24 · this documentDecision No 18/2016 of Národná banka Slovenska on O-SII buffer rates (2016-05-24)Decision No 5/2017 on the setti…2017Decision No 5/2017 on the setting of O-SII buffer rates (2017-05-30)
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Amended 1 time · last 2017-05-30

This document supersedes: Decision No 5/2015 on the buffer rate for other systemically important institutions

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Source: Narodna banka Slovenska — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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