Structural systemic risk buffer

Published: 8/11/2017 Modified: 23/12/2022
The structural systemic risk buffer (SSRB) is a capital buffer used for the purpose of reducing and mitigating systemic risks of long-term and non-cyclical nature that might directly affect the financial system and indirectly the economy as a whole. This is a variable capital buffer aimed at absorbing losses arising from possible destabilisation of the banking system.

The CNB determines the level of the systemic risk buffer rate on the basis of the analyses of the structural elements of financial stability and a comprehensive assesment of risks for the economy as regularly carried out by the CNB.

From 29 December 2020 all credit institutions with head offices in the Republic of Croatia are required to maintain a structural systemic risk buffer of 1.5% of total risk exposure.