2016-01-01
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.