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The Single Resolution Board's mission

The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 20 eurozone countries and Bulgaria. 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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Find out more about the resolution and non-resolution decisions taken by the SRB.

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Sberbank Europe AG

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Banco Popular

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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

Technical meeting on the public consultation on resolvability testing for banks

News
|
24 April 2025

SRB launches public consultation on valuing banks in resolution

Press releases
|
02 April 2025

Prepared no matter the size – ensuring crisis readiness for smaller banks in the Banking Union

Blog post
|
08 October 2024

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Oct 15 2025

SRM 10th Anniversary Conference

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Home
Procurement
Annual list of contracts and order forms

Annual list of contracts and order forms

Annual list of contracts for 2023

PDF | 277.48 KB | Publishing date: 28/06/2024

Annual list of contracts for 2023

Annual list of contracts for 2022

PDF | 240.26 KB | Publishing date: 28/07/2023

Annual list of contracts for 2022: corrigendum

Annual list of contracts for 2021

PDF | 169.93 KB | Publishing date: 30/06/2022 | Decision date: 30/06/2022

Annual lists of contracts for 2021

Annual list of contracts for 2020

PDF | 333.18 KB | Publishing date: 29/06/2021

Annual list of contracts for 2020

Annual list of contracts 2019

PDF | 271.31 KB | Publishing date: 25/06/2021 | Decision date: 29/06/2020

Annual list of contracts 2019

Annual list of contracts 2018

PDF | 163.12 KB | Publishing date: 26/05/2021

Annual list of contracts 2018
2018 Annual list of contracts 2018.pdf

Annual list of contracts 2017

PDF | 281.32 KB | Publishing date: 27/02/2019

Annual List of Specific Contracts - 2017

Annual list of contracts 2016

PDF | 394.03 KB | Publishing date: 05/07/2018

Annual list of contracts 2016

Annual list of contracts 2015

PDF | 232.83 KB | Publishing date: 05/07/2018

Annual list of contracts 2015

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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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