The European Banking Authority has published its latest semi-annual dashboard on the minimum requirement for own funds and eligible liabilities, updating the state of resolution planning and the resources banks use to meet those requirements. Based on data for 303 European Union banks earmarked for resolution as of 31 December 2025, the dashboard shows that average external binding MREL requirements including the combined buffer requirement stood at 28.9% of risk-weighted assets for global systemically important institutions, 28.4% for top-tier and fished banks, and 24.6% for other banks. Bail-in remained the preferred resolution strategy in terms of risk-weighted assets, and instruments set to become ineligible within the next 12 months create EUR 231 billion of rollover needs. The data show that banks continue to meet most of their MREL through own funds, which accounted for 19.8% of risk-weighted assets for G-SIIs, 21.5% for top-tier and fished banks, and 21.9% for other banks. For eligible liabilities, G-SIIs and top-tier or fished banks relied mainly on senior non-preferred debt and senior unsecured debt, while other banks relied more on senior unsecured debt. Instruments due to lose eligibility by December 2026 represented 15.7% of total eligible instruments other than own funds for G-SIIs, 20.9% for top-tier and fished banks, and 25.4% for other banks. Bail-in accounted for 94% of preferred strategies by risk-weighted assets, while the number of decisions was more evenly split between bail-in at 52% and transfer at 48%, reflecting greater use of transfer strategies for smaller banks. This edition is the first based on revised implementing technical standards that moved MREL decision reporting from an annual to a semi-annual cycle.
European Banking Authority2026-06-22
European Banking Authority updates MREL dashboard with 25% to 29% requirements and EUR 231 billion rollover needs
The European Banking Authority published its latest semi-annual MREL dashboard for 303 European Union banks in resolution, showing average external binding requirements including buffers of 28.9% of risk-weighted assets for G-SIIs, 28.4% for top-tier and fished banks, and 24.6% for other banks as of December 2025. Bail-in remained the preferred resolution strategy by risk-weighted assets at 94%, while MREL instruments due to become ineligible within 12 months created EUR 231 billion of rollover needs. The dashboard is the first based on revised MREL reporting standards that introduced a semi-annual reporting cycle.