List of systemically important banks and the other systemically important institutions buffer (O-SII buffer) applicable in 2021
|Credit institutions||The score obtained in the step of compilation of mandatory indicators according to the methodology harmonized with the EBA Guidelines (basis points)*||The capital requirements consisting in maintaining the buffer for other systemically important institutions (O-SII buffer) starting with 1st January 2021 (% of total risk exposure amount) **||The level at which the O-SII buffer is applicable ***|
|UniCredit Bank S.A.||1672||1%||consolidated|
|Banca Transilvania S.A.||1586||2%||consolidated|
|Banca Comercială Română S.A.||1251||2%||consolidated|
|BRD – Groupe Societe Generale S.A.||1087||1%||consolidated|
|Raiffeisen Bank S.A.||757||2%||consolidated|
|Alpha Bank România S.A.||569||1%||individual|
|OTP Bank Romania S.A.||411||1%||consolidated|
|CEC Bank S.A.||325||2%||individual|
For the subsidiaries in Romania of EU institutions, upon setting the capital buffer for other systemically important institutions, the level of the global systemically important institutions buffer (G-SII buffer) or the level of the other systemically important institutions buffer applicable to parent undertakings was taken into consideration, in accordance with the provisions of Art. 23 para (3) of NCMO Regulation No. 2/2017 on the methodology and procedures used for setting capital buffers and the scope of these instruments, setting the followings: “In the process of setting the O-SII buffer rate that the Committee recommends, it shall take account that where an O-SII is a subsidiary of either a G-SII or an OSII which is an EU parent institution and subject to an O-SII buffer on a consolidated basis, the O-SII buffer rate recommended that applies at individual or sub-consolidated level shall not exceed the higher of: a) 1% of the total risk exposure amount calculated in accordance with Art. 92 para. (3) of Regulation (EU) No. 575/2013; and b) the G-SII or O-SII buffer rate applicable to the group at consolidated level”. Thus, in 2021, the parent banks that have subsidiaries in Romania have to meet the following additional capital requirements: UniCredit SpA (Italy): 1% G-SII buffer and 1% O-SII buffer (according to the provisions of CRD IV / V, these capital requirements do not cumulate, the highest of them being applicable); Erste Group Bank (Austria): 2% O-SII buffer; Societe Generale Group (France) – 1% G-SII buffer and 1% O-SII buffer (according to the provisions of CRD IV / V, these capital requirements do not cumulate, the highest of them being applicable); Raiffeisen Bank International AG (Austria): 2% O-SII buffer; Alpha Bank (Greece): 0.75% O-SII buffer; OTP Bank Nyrt. (Hungary) – 2% O-SII buffer during 01.01.2020 – 30.06.2020, 0% O-SII buffer starting the 1st of July 2020 and 0% O-SII buffer during 2021. Source of information: data published on the European Systemic Risk Board (ESRB) website.
***The O-SII buffer applies at the highest consolidation level. In the case of credit institutions in Romania which were identified as systemically important, the O-SII buffer is applied as follows: (i) at individual level in the case of credit institutions that are not part of a banking group, (ii) at consolidated level in the case of credit institutions reporting consolidated statements drawn up for prudential purposes.