Banks exempt from Single Resolution Fund levies for third year
The Single Resolution Board announced that the Single Resolution Fund's target level was reached at the end of 2025. Consequently, banks will not need to contribute to the fund for the third consecutive year.
Target level remains secured
The Single Resolution Fund (SRF) has successfully maintained its target level, reaching over EUR 81 billion by December 31, 2025. This achievement means that the fund now holds at least 1% of the covered deposits across all 21 Banking Union Member States, a key regulatory benchmark.
SRB Chair Dominique Laboureix announced that, for the third consecutive year, banks operating within the Banking Union will not be required to make contributions to the SRF for the upcoming period, provided current circumstances remain stable.
This decision underscores the SRB's confidence in the fund's current robustness and its ability to fulfill its mandate without additional levies from the industry at this time.
The SRF is a cornerstone of the Banking Union, designed to ensure an orderly resolution of failing banks with minimal taxpayer impact.
Safeguarding the Banking Union
The Single Resolution Board (SRB) annually reviews the SRF's target level, which is legally mandated to be at least 1% of the total covered deposits within the Banking Union.
The verification process ensures the fund's continuous adequacy and readiness to intervene if a bank faces resolution.
The SRF, entirely financed by contributions from the banking sector, plays a pivotal role in strengthening financial stability and protecting taxpayers from the costs of bank failures.
The next verification of the fund's target level is scheduled for the beginning of 2027, ensuring ongoing oversight and adjustment as necessary.