The SRB will not take resolution action in relation to Banca Popolare di Vicenza and Veneto Banca
Brussels – 23 June 2017
Following today’s decision taken by the European Central Bank to declare Banca Popolare di Vicenza S.p.A. and Veneto Banca S.p.A. as ‘failing or likely to fail’, the Single Resolution Board has decided that...
The Single Resolution Board adopts resolution decision for Banco Popular
Brussels – 7 June 2017
Today, the Single Resolution Board (SRB) has transferred all shares and capital instruments of Banco Popular Español S.A. (Banco Popular) to Banco Santander S.A (Santander). This means that Banco Popular will operate under...
Banking Union – Single Resolution Board completes signature of Loan Facility Agreements with all 19 participating Member States
Brussels – 8 February 2017
The Single Resolution Board (SRB) finalised the signing of the Loan Facility Agreements (LFAs) with 19 participating Member States of the Banking Union. Through the LFAs, each participating Member States provides a bridge...
U.S., European Officials to Hold Planned Coordination Exercise on Cross-Border Resolution Planning
Senior officials representing resolution authorities in the United States and Europe on Monday will hold the second in an ongoing series of planned exercises to enhance coordination on cross-border resolution.
Press Release - Banking Union - Single Resolution Board publishes its first Annual Report
Brussels – 13 July 2016
In accordance with the Single Resolution Mechanism Regulation (SRMR), the Single Resolution Board (SRB) is pleased to announce the publication of its first Annual Report. The SRB started in January 2015 with a clear focus on resolution planning; since...
Banking Union – Single Resolution Board collects over 10 billion euros in contributions to the Single Resolution Fund
Brussels – 6 July 2016
On 30 June 2016, the Single Resolution Board (SRB) collected 6.4 billion euros in contributions to the Single Resolution Fund (SRF). Today, the SRB is pleased to report that it has collected over 10 billion euros in contributions in total from...