You are here

Additional capital for systemically important institutions

25/10/2018 14:27

The Central Bank of Cyprus has designated Bank of Cyprus Public Company Ltd, RCB Bank Ltd, Hellenic Bank Public Company Ltd, Eurobank Cyprus Ltd and Αlpha Bank Cyprus Ltd as Other Systemically Important Institutions (O-SII institutions) and set the level of the additional capital that they must maintain as a result of their systemic importance.

The Central Bank of Cyprus, in accordance with its policy for the designation of Other Systemically Important Institutions (O-SII institutions) and the methodology for the determination of the O-SII buffer requirement, concluded on 25 October 2018 its annual reassessment of the designation of credit institutions that meet the definition of O-SII institutions.