RegAlert2017-05-30
Added · Updated
Decision No 5/2017 on the setting of O-SII buffer rates
Národná banka Slovenska issued Decision No 5/2017 to establish specific Out-of-Scope Systemically Important Institution buffer rates for five domestic banks effective January 1, 2018. The regulation mandates a 1% buffer for Československá obchodná banka, Poštová banka, Slovenská sporiteľňa, and Všeobecná úverová banka, while Tatra banka is assigned a 0.5% rate. These buffers must be maintained on both an individual and sub-consolidated basis, and this decision repeals the previous Decision No 18/2016.
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Decision No 5/2017 of Národná banka Slovenska of 30 May 2017 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
From 1 January 2018 the following O-SII buffer rates will be applied:
(a) Československá obchodná banka, a.s., 1%, (b) Poštová banka, a.s., 1%, (c) Slovenská sporiteľňa, a.s., 1%, (d) Tatra banka, a.s., 0.5%, (e) Všeobecná úverová banka, a.s. 1%.
Article 2
The O-SII buffers shall be maintained on both an individual and sub-consolidated basis.
Article 3
This Decision repeals Decision No 18/2016 of Národná banka Slovenska of 24 May 2016 on the setting of O-SII buffer rates.
Article 4
This Decision enters into force on 1 January 2018.
Jozef Makúch
Governor
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Lineage: In force
Timeline
This document supersedes: Decision No 18/2016 of Národná banka Slovenska on O-SII buffer rates
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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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