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About
The Single Resolution Board's mission

The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 21 eurozone countries. Together with the national resolution authorities it forms the Single Resolution Mechanism. The SRB works closely with the European Commission, the European Central Bank, the European Banking Authority and national authorities. Its mission is to ensure an orderly resolution of failing banks, protecting the taxpayer from state bail-outs, which is promoting financial stability.

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Resolution planning and policies

The SRB and the national resolution authorities work with banks and credit institutions to ensure everything is in place should a resolution be needed. This involves defining policy and guidance, managing an annual resolution planning cycle and setting targets for minimum requirement for own funds and eligible liabilities (MREL), MREL is one of the key tools in resolvability, ensuring that banks maintain a minimum amount of equity and debt to support an effective resolution.

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What is a bank resolution?

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Staff Working Paper Series #4 - The 2023 Banking Turmoil: Implementation Lessons for Resolution Authorities
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Cases

Find out more about the resolution and non-resolution decisions taken by the SRB.

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Latest cases

Sberbank Europe AG

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Sberbank d.d. and Sberbank banka d.d.

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Banco Popular

Resolution case

PNB

Non resolution case
Single Resolution Fund
What is the Single Resolution Fund?

The Single Resolution Fund (SRF) is an emergency fund that can be called upon in times of crisis. It can be used to ensure the efficient application of resolution tools for resolving the failing banks, after other options, such as the bail-in tool, have been exhausted. The SRF ensures that the financial industry as a whole ensures the stabilisation of the financial system. All banks across the 21 Banking Union countries must pay a fee annually by law to the SRF.

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Keep up to date with our latest news, press releases, speeches and blog posts here, as well as media contacts for journalists. You can also find information at a glance in our infographics and videos.

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Recent news and media

SRB publishes its response to Commission consultation on EU banking sector competitiveness

News
|
15 April 2026

SRB takes part in regular coordination exercise on cross-border resolution planning, organised with US, Banking Union and UK financial authorities

Press releases
|
14 April 2026

From resolution planning to operational crisis readiness in the Banking Union

Blog post
|
31 March 2026

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Events
Events

Find out more about the SRB's events, public engagements and industry dialogues.

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SRB Annual Conferences

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Mar 18 - 19 2026

SRB Economic Conference 2026: Evolutions in bank resolution: Learning from the past and looking to the future

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Milan Cvikl

Milan Cvikl

Milan Cvikl

Position:

Vice Governor

Organisation:

Banka Slovenije

Martin Cvikl, Vice Governor of the Bank of Slovenia

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Contact the SRB

Address

Treurenberg 22
1049 Brussels
Belgium

Phone number

+32 (0) 2 490 30 00

Working hours

Monday to Friday, 08:30 to 17.30 CET

Single Resolution Board (SRB)

The Single Resolution Board is the central resolution authority within the Banking Union. Its mission is to ensure an orderly resolution of failing banks with minimum impact on the real economy, the financial system, and the public finances of the participating member states and beyond.

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