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Single Resolution Fund

The Single Resolution Fund is an emergency fund that can be used in times of crisis. The fund aims to prevent banks from failing after other options have been exhausted.

The fund is financed by the banking sector itself. All banks across the 21 countries that are members of the EU’s banking union must pay an annual fee (referred to as contributions) to the fund. The amount an individual bank has to pay is based on size and risk.

The fund has been build built up over an 8-year period starting in 2016 and ending in 2023. This build-up has been carried out via the pooling of contributions collected at national level.

Infographics - Single Resolution Fund

Single resolution fund: Construction over 8 years

Available funds for initial steps in bank resolution

  • Y1 (2016): Available part of own national compartment: 100%. Available part from all national compartments: 40%.
  • Y2 (2017): Available part of own national compartment: 60%. Available part from all national compartments: 60%.
  • Y3 (2018): Available part of own national compartment: 40%. Available part from all national compartments: 67%.
  • Y4 (2019): Available part of own national compartment: 33%. Available part from all national compartments: 73%.
  • Y5 (2020): Available part of own national compartment: 27%. Available part from all national compartments: 80%.
  • Y6 (2021): Available part of own national compartment: 20%. Available part from all national compartments: 87%.
  • Y7 (2022): Available part of own national compartment: 13%. Available part from all national compartments: 93%.
  • Y8 (2023): Available part of own national compartment: 7%. Available part from all national compartments: 100%.
  • Y9 (2024): Available part from all national compartments: 100%.

Use of the resolution fund - 4 steps 

Year 4 (2019) is used as an example.

  • Step 1: Part of own national compartment is 33%. All other national compartments are not yet available.
  • Step 2: Part of all national compartments, including an individual bank's own, is 73%.
  • Step 3: Remaining part of own national compartment. 
  • Step 4: Available part from all national compartments is available for transfer between compartments. 

More information 

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