The Single Resolution Board has published its MREL Dashboard for H2 2025, showing that banks continue to meet their minimum requirement for own funds and eligible liabilities targets. The update indicates that banks broadly maintain the loss-absorbing capacity intended to ensure that, in resolution, shareholders and creditors can absorb failure costs. For resolution entities, the average final MREL target, including the Combined Buffer Requirement, was 27.8% of Total Risk Exposure Amount, unchanged from H1 2025. The aggregate shortfall against final targets, including the buffer, stood at EUR 0.2 billion, or less than 0.01% of Total Risk Exposure Amount, and was attributed to a small number of banks still in transitional periods. All other entities continued to meet their requirements. The dashboard also tracks external and internal MREL, along with the level and composition of MREL instruments.
Single Resolution Board2026-07-20
Single Resolution Board MREL Dashboard for H2 2025 shows banks meeting targets, aggregate shortfall at EUR 0.2 billion
The Single Resolution Board’s MREL Dashboard for H2 2025 shows that banks continued to meet their MREL targets. The average final target for resolution entities was 27.8% of Total Risk Exposure Amount, unchanged from H1 2025, while the aggregate shortfall was EUR 0.2 billion, or less than 0.01% of Total Risk Exposure Amount. The remaining shortfall was linked to a few banks still in transitional periods.