Structural systemic risk buffer

Published: 8/11/2017
The structural systemic risk buffer (SSRB) is a capital buffer used for the purpose of reducing and mitigating systemic risks of long-term and non-cyclical nature that might directly affect the financial system and indirectly the economy as a whole. This is a variable capital buffer aimed at absorbing losses arising from possible destabilisation of the banking system.

The CNB determines the level of the systemic risk buffer rate depending on the nature, scope and complexity of activities of a credit institution, as well on the basis of the analyses of the structural elements of financial stability and a comprehensive assesment of risks for the economy as regularly carried out by the CNB.

Banks in the Republic of Croatia are currently obligated to maintain a structural systemic risk buffer of 1.5% or 3% respectively.