Serbia's central bank said it has set minimum capital requirements for systemically important banks that will be required as of June 30.
The central bank has defined nine of the commercial banks in the country as systematically important. They must maintain an additional Tier 1 capital ratio at above 1% or 2%, depending on their importance.
Three banks – Banca Intesa, UniCredit Serbia and Komercijalna banka – have been defined as the most important and will have to maintain a minimum additional Tier 1 ratio of 2%.
Six other banks, OTP Bank, Raiffeisen Serbia, Erste Bank Novi Sad, Banka Postanska Stedionica, AIK Banka and Vojvodjanska Banka, must maintain an additional Tier 1 ratio of above 1%.
Related Articles
Financial Stability Board publishes recommendations on nonbank leverage risks
Global regulator, the Financial Stability Board, published final policy recommendations to address financial stability risks from nonbank financial intermediation leverage, giving authorities ... more
Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
19 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago