The EBA acts as a central hub for information on crisis prevention, management and resolution of credit institutions in the Union based on the notifications received from the respective national authorities regarding (i) resolution actions taken in relation to an institution, (ii) any determination of unavailability of deposits and DGSs' pay-outs, (iii) any use of DGSs' funds to finance measures in order to prevent the failure of an institution, and (iv) any use of DGSs' funds to finance measures to preserve access of depositors to their covered deposits in insolvency.

The EBA publishes the notifications received from both resolution and DGS designated authorities on its website in order to ensure information is easily accessible by the public.

The European Banking Authority is responsible only for the accurate reproduction of the information received from national authorities, while responsibility for the accuracy of its content, lies with those national authorities.

Resolution cases

Notifications from Finansiel Stabilitet on its two decisions related to the resolution of Københavns Andelskasse The European Banking Authority (EBA) has received two notifications from Finansiel Stabilitet regarding its decisions (first decision and second decision) on the resolution of Københavns Andelskasse.

 

08/10/2018

The EBA has received notification from the Fondo de Reestructuración Ordenada Bancaria (the Fund for Orderly Bank Restructuring, FROB) regarding resolution actions taken by the Single Resolution Board and the FROB in respect of Banco Popular Español. 

To find out more, click here for our press release and the summary of the decision.

For FROB notification and press release, click here and here.

16/06/2017

The European Banking Authority (EBA) has received a notification from the Baca d'Italia (Bank of Italy) regarding the updated resolution strategy for four banks (the Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti) which have been put under resolution on 25 November 2015.

To find out more about the decision, click here.

To find out more about the previous decisions taken regarding resolution of these banks, click here.

05/06/2017

The European Banking Authority  (EBA) has received a notification from the Magyar Nemzeti Bank (the Central Bank of Hungary) regarding the termination of the resolution of MKB Bank Zrt.

To find out more about the previous decisions taken regarding the resolution of MKB Bank Zrt, click here.

04/07/2016

The EBA has received a notification from the Bank of Greece in relation to the termination of the resolution of Cooperative Bank of Peloponnese Coop Ltd.

To find out more about the previous decisions taken regarding the resolution of Cooperative Bank of Peloponnese Coop Ltd, click here.

08/06/2016

The EBA has received a notification from the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA), in its capacity as Resolution Authority, in relation to the application of resolution measures to Heta Asset Resolution AG.

To find out more about the previous decisions taken regarding the resolution of Heta Asset Resolution AG, click here.

11/04/2016

The EBA has received a notification from Finansiel Stabilitet (Danish Resolution Authority) in respect of the sale of Andelskassen J.A.K. Slagelse, an institution that was put under its control in the context of the application of resolution measures.

To find out more about the previous decisions taken regarding the resolution of Andelskassen J.A.K. Slagelse, click here.
 

23/02/2016

The EBA has received a notification from Banco de Portugal on the completion of the resolution of Banco Espírito Santo through the re-transfer of five senior bonds from Novo Banco to Banco Espírito Santo.

04/01/2016

The EBA acknowledges notification from the Portuguese Government and Banco de Portugal with respect to their decision on the the sale and resolution of Banco Internacional do Funchal, S.A (BANIF).  The press release of Banco de Portugal on the sale of Banif - Banco Internacional do Funchal, S.A can be found here.

21/12/2015

The EBA acknowledges notification from the Bank of Greece with respect to Panellinia Bank S.A.

27/04/2015

Liquidation cases with DGS payouts

The EBA has received a notification from VĮ „Indėlių ir investicijų draudimas" ( the Lithuanian Deposit and Investment Insurance state company) in relation to determination on unavailability of deposits at Credit Union "PAJŪRIO".

 

Related links:

Additional notifications in Lithuanian

Notification from the Bank of Lithuania in relation to determination of the unavailability of deposits about Credit Union "Pajūrio"

VĮ "Indėlių ir investicijų draudimas"  ("Deposit and Investment Insurance") information about pay-out arrangements to Credit Union "Pajūrio" depositors

30/03/2017

Other DGS interventions

The EBA has received a notification from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in relation to the national insolvency proceeding of Banca Sviluppo Economico S.p.A. which required the use of DGS funds (EUR 4.5 million) in order to support the transfer of the assets and liabilities (including the deposit book) of the mentioned bank to the Banca Agricola Popolare di Ragusa S.p.A.. The guaranteed deposits amounted to EUR 26.80 million covering 1602 depositors.The notification was received from the Bank of Italy as National Designated Authority.

Click here to view the notification letter.

27/07/2018