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 SRB has published its Resolution Planning Cycle Booklet for 2023.
Resolution planning is about being prepared to deal with failing banks in a...
This note is aimed at reporting to the Eurogroup of 15 May 2023 on:
- resolvability progress of SRB banks;
- the Single Resolution Fund (SRF) and...
The Single Resolution Board is pleased to invite media representatives to its annual press breakfast in Brussels, on the 25 April. The event will be...