2020 SRF levies (ex-ante contributions)*
*All figures and documents available in this section reflect the situation as of the day the Master Decision on the calculation of the 2020 ex-ante contributions (decision 2020/SRB/ES/24 of 15 April 2020) was adopted
Target level and amount to be collected
- The 2020 target level was based on 1/8th of 1.25% of the average amount of covered deposits in 2019 (calculated quarterly) of all credit institutions authorised in the euro area;
- The growth of covered deposits in 2019 (versus 2018) was 7.18%. In 2018 (versus 2017) the growth rate was 2.7%, in 2017 (versus 2016) it was 3.2% and in 2016 (versus 2015) 2.2%. The average growth rate of covered deposits between 2015 and 2019 is 3.8%.
- The total amount of 2020 ex-ante contributions that will be collected by the SRB in June 2020 amounts to € 9.195bn. This amount takes into account the deduction of the 2015 contributions and the impact of data restatements and revisions.
Scope
- In 2020, 3,066 institutions fell within the scope of the SRF;
- 48% 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).
- 23% of the largest institutions paid 97% of the total 2020 ex-ante contributions.
- The 20 largest banking groups paid 68% of the total 2020 ex-ante contributions.
- 2020 Fact Sheet (BG, HR, CS, DA, NL, EN, ET, FI, FR, DE, EL, HU, IT, LV, LT, MT, PL, PT, RO, SK, SL, ES, SV)
- 2020 Questions and Answers (BG, HR, CS, DA, NL, EN, ET, FI, FR, DE, EL, HU, IT, LV, LT, MT, PL, PT, RO, SK, SL, ES, SV)
- 2020 statistical information on the calculation results
- 2020 additional statistical information on the discretisation
- How to understand the 2020 Harmonised Annex
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 |
42 |
3% |
|
0.9 |
1 |
167 |
10% |
|
1 |
1.1 |
375 |
23% |
|
1.1 |
|
462 |
29% |
|
1.2 |
1.3 |
312 |
19% |
|
1.3 |
1.4 |
131 |
8% |
|
1.4 |
1.5 |
127 |
8% |
|
Total |
1,616 |
100% |
The table above shows for the 2020 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:
- 13% of the risk-adjusted entities (209 institutions) are classified with a risk adjustment factor between 0.8 and 1;
- the risk adjustment factor for 71% of the risk-adjusted entities (1,149 institutions) ranges from 1 to 1.3;
- 16% of the risk-adjusted entities (258 institutions) are classified with a risk adjustment factor ranging from 1.3 to 1.5.
Media source
Documents
PDF
| 1.03 MB
| Publishing date:
Information on the discretization of the non-binary risk indicators
PDF
| 1.39 MB
| Publishing date:
| Decision date:
2021-05-01 How to understand the harmonised annex.pdf
PDF
| 475.14 KB
| Publishing date:
2020 statistical information on the calculation results