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Target level and amount collected
- The 2016 target level is based on 1.05% of covered deposits (2015)
- In 2016, the amount of ex-ante contributions collected by the SRF at the end of June is €6.4bn, which takes into account the 1/8 deduction of 2015...
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Raising of the contributions
The annual fees levied on banks by EU law are known as ex-ante contributions or simply ‘contributions’. Almost all banks, big and small, across the Banking Union, must pay into the fund.
The SRB is responsible for the...
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Resolution is the restructuring of a bank by a resolution authority through the use of resolution tools in order to safeguard public interests, including the continuity of the bank’s critical functions, financial stability and minimal costs to taxpayers.
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