Skip to main content

Single Resolution Board publishes MREL dashboard

Press releases
|

The Single Resolution Board (SRB) has today published an MREL dashboard which will be followed by regular quarterly reports.

The dashboard is designed to give a comprehensive overview of the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) across the banks under the SRB’s remit.

The average BRRD 1 MREL target was equal to 25.6% of the total risk exposure amount (TREA) in December 2019. The MREL shortfall for the groups in the sample was equal to EUR 73.7 bn (1.0% TREA). At the same date, the average BRRD 2 draft MREL targets including CBR were estimated at 25.5% TREA. The corresponding draft MREL shortfall was EUR 82.7 bn (1.1% TREA).

The dashboard includes information provided in the context of the November 2020 edition of the Monitoring Report on Risk Reduction Indicators, prepared jointly by the European Commission Services, the European Central Bank and the Single Resolution Board at the request of the President of the Eurogroup.

Documents

Contact our communications team

susan 2021.jpg
Spokesperson & Communications Team Leader
Name
Susan Carroll
Email
Susan.Carroll [a] srb.europa.eu
Phone:
+ 32 2 490 3439
Mobile:
+32 470 96 48 01
Seán De Búrca
Speechwriter & Communications Expert
Name
Seán De Búrca
Email
Sean.de-Burca [a] srb.europa.eu
Phone:
+32 2 490 3710
Mobile:
+32 477 02 87 10
Camille De Rede
Communications Expert
Name
Camille De Rede
Email
Camille.de-Rede [a] srb.europa.eu
Phone:
+32 2 490 3530
Mobile:
+32 477 028 530

Recent press releases

Related news and press releases