2019 ex-ante contributions

Target level and amount to be collected

  • The 2019 target level was based on 1.15% of the average amount of covered deposits in 2018 (calculated quarterly) of all credit institutions authorized in the euro area;
  • The growth of covered deposits in 2018 (versus 2017) was 2.7%. In 2017 the growth rate (versus 2016) was 3.2% and in 2016 the growth rate (versus 2015) was 2.2%.  The average growth rate of covered deposits between 2015 and 2018 is 2.7%.
  • The total amount of 2019 ex-ante contributions that will be collected by the SRB in June 2019 amounts to €7.819bn. This amount takes into account the deduction of the 2015 contributions and the impact of data restatements and revisions.

Scope

  • In 2019, 3,186 institutions fell within the scope of the SRF;
  • 49% were small institutions eligible for a lump-sum amount (total assets below €1 billion); and
  • 29% were medium size institutions (total assets between €1 and €3 billion).
  • 22% of the largest institutions paid 97% of the total 2019 ex-ante contributions.
  • The 20 largest banking groups paid 67% of the total 2019 ex-ante contributions.

Risk adjustment factor in the euro area

Intervals for the risk adjustment factor SRM risk adjustment factors:
number of  banks in each interval
%
0.8 0.9 24 1%
0.9 1 113 7%
1 1.1 359 22%
1.1 1.2 516 32%
1.2 1.3 370 23%
1.3 1.4 150 9%
1.4 1.5 97 6%
Total 1,629 100%

The table above shows for the 2019 contribution period the distribution of the risk adjustment factor, computed and rescaled over the range between 0.8 and 1.5 in accordance with Article 9(3) of Commission Delegated Regulation (EU) 2015/63:

  • 8% of the risk-adjusted entities (137 institutions) are classified with a risk adjustment factor between 0.8 and 1;
  • the risk adjustment factor for 77% of the risk-adjusted entities (1,245 institutions) ranges from 1 to 1.3;
  • 15% of the risk-adjusted entities (247 institutions) are classified with a risk adjustment factor ranging from 1.3 to 1.5.

2019 Fact Sheet

2019 Questions and Answers

Multilingual files

Contact the Single Resolution Board

Treurenberg 22, 1049 Brussels
Belgium

+32 (0) 2 490 30 00