Serbia's central bank sets minimum capital buffer for systematically important banks

By bne IntelliNews May 11, 2020

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%.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Ukraine’s non-performing loan share falls to decade low as banks post steady profits

The share of non-performing loans (NPLs) in Ukraine’s banking sector has fallen to its lowest level in a decade, even as the country’s lenders continue to deliver strong profits despite the ... more

Azerbaijan tightens banking operations on foreign financial sources

Azerbaijan has implemented new restrictions on banking operations involving foreign financial sources, with amendments signed by President Ilham Aliyev targeting unregistered foreign financial ... more

Uzbekistan’s banking sector becoming more resilient, says Fitch

Uzbekistan’s banking industry is becoming more resilient, with the sector underpinned by ongoing structural reforms, stronger regulation and improving governance, ... more

Follow Us On

Most Read

  1. Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
    1 year ago
  2. Hungarian economy faces weak growth, slow path to price stability, central bank report shows
    2 months ago
  1. Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
    1 year ago
  2. Kyrgyzstan abandons attempt to rescue Russian climber trapped on icy summit of country’s highest mountain
    21 days ago
  3. BERTRAND: China after Communism, preparing for a post-CCP China
    1 month ago
  4. Hungarian economy faces weak growth, slow path to price stability, central bank report shows
    2 months ago
  5. UKRAINE REMONT: The battle to build: signs of recovery in Ukraine's construction industry
    5 months ago

Reports

Dismiss