The Single Resolution Board (SRB) published its dashboard on the minimum requirement for own funds and eligible liabilities (MREL) for the first six months of 2025, showing that banks under its remit continue to meet their MREL targets, with only a minimal aggregate shortfall. The dashboard tracks the evolution of targets and shortfalls for resolution entities (external MREL) and non-resolution entities (internal MREL), and the level and composition of MREL resources held by resolution entities. For resolution entities, the average final MREL target including the Combined Buffer Requirement was 27.9% of total risk exposure amount, while the aggregate shortfall against final targets including the buffer requirement was EUR 0.3bn, corresponding to less than 0.01% of total risk exposure amount. All entities required to comply with final MREL targets from 1 January 2024 continued to meet their requirements, with the remaining shortfall attributed to banks operating under transitional periods to reach their final targets.
Single Resolution Board 2025-11-10
Single Resolution Board publishes H1 2025 MREL dashboard showing continued compliance and a EUR 0.3bn aggregate shortfall
The Single Resolution Board (SRB) released its dashboard on the minimum requirement for own funds and eligible liabilities (MREL) for the first half of 2025, indicating banks are largely meeting targets. The average final MREL target for resolution entities was 27.9% of total risk exposure amount, with a minimal aggregate shortfall of EUR 0.3bn. Entities required to comply with final MREL targets from January 2024 are meeting requirements, with shortfalls linked to banks in transitional periods.