On the 1st of January, Croatia became the 20th EU country to join the Eurozone.
Back in October 2020, Croatia joined the Single Resolution Mechanism (SRM) following the decisions by the European Central Bank (ECB) to establish close cooperation with the Croatian National Bank (Hrvatska narodna banka). The SRB became the resolution authority for its significant institutions, cross-border groups and less significant institutions.
The SRM, made up of the SRB and the national resolution authorities in Banking Union countries, protects financial stability and the taxpayer by planning for and managing bank failures.
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The Single Resolution Board has today published its Annual Report for 2023. The report details the work of the SRB and highlights the progress made in...
Find out more about the SRB’s 2024 resolution planning cycle (RPC) in our new publication. The SRB launched the RPC for banks under its remit in April...
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This note is aimed at reporting to the Eurogroup of 13 May 2024 on the Single Resolution Board’s (SRB) activities. It includes:
1) SRB’s key risk...