Macroprudential instruments
According to the Act of 5 August 2015 on Macroprudential Supervision over the Financial System and Crisis Management, institutions are obliged to maintain a conservation buffer amounting to 2.5% of the total risk exposure calculated in accordance with Article 92 (3) of the Regulation of the European Parliament and of the Council (EU) No 575/2013 (CRR).
The conservation buffer is phased-in gradually:
| Period | Applicable conservation buffer rate |
|---|---|
| from 1.01.2016 to 31.12.2017 | 1.25% |
| from 1.01.2018 to 31.12.2018 | 1.875% |
| from 1.01.2019 | 2.5% |
The Polish Financial Supervision Authority, after consulting the Financial Stability Committee, has identified the following other systemically important institutions (O-SIIs) and imposed on them an appropriate other systemically important institutions buffer (O-SII buffer):
2021
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 1,00% |
| Bank Polska Kasa Opieki SA | 0,75% |
| Santander Bank Polska SA | 0,75% |
| ING Bank Śląski SA | 0,75% |
| mBank SA | 0,50% |
| Bank Handlowy w Warszawie SA | 0,25% |
| BNP Paribas Bank Polska SA | 0,25% |
| Bank Millennium SA | 0,25% |
| Bank Polskiej Spółdzielczości SA | 0,10% |
| SGB – Bank SA | 0,10% |
2020
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 1.00% |
| Santander Bank Polska SA | 0.75% |
| Bank Polska Kasa Opieki SA | 0.75% |
| mBank SA | 0.50% |
| ING Bank Śląski SA | 0.50% |
| Bank Handlowy w Warszawie SA | 0.25% |
| BNP Paribas Bank Polska SA | 0.25% |
| Bank Millennium SA | 0.25% |
| Bank Polskiej Spółdzielczości SA | 0.10% |
| SGB – Bank SA | 0.10% |
2019
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 1.00% |
| Santander Bank Polska SA | 0.75% |
| Bank Polska Kasa Opieki SA | 0.75% |
| mBank SA | 0.75% |
| ING Bank Śląski SA | 0.50% |
| Bank Handlowy w Warszawie SA | 0.25% |
| BNP Paribas Bank Polska SA | 0.25% |
| Bank Polskiej Spółdzielczości SA | 0.10% |
| SGB – Bank SA | 0.10% |
2018
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 1.00% |
| Bank Polska Kasa Opieki SA | 0.75% |
| Bank Zachodni WBK SA | 0.50% |
| ING Bank Śląski SA | 0.50% |
| mBank SA | 0.50% |
| Bank BGŻ BNP Paribas SA | 0.25% |
| Bank Handlowy w Warszawie SA | 0.25% |
| Deutsche Bank Polska SA | 0.25% |
| Alior Bank SA | 0.25% |
| Bank Polskiej Spółdzielczości SA | 0% |
| SGB – Bank SA | 0% |
2017
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 0.75% |
| mBank SA | 0.75% |
| Bank Polska Kasa Opieki SA | 0.50% |
| Bank Zachodni WBK SA | 0.50% |
| ING Bank Śląski SA | 0.50% |
| Bank Handlowy w Warszawie SA | 0.25% |
| Bank Millennium SA | 0.25% |
| Bank BGŻ BNP Paribas SA | 0.25% |
| Deutsche Bank Polska SA | 0.25% |
| Getin Noble Bank SA | 0.25% |
| Bank Polskiej Spółdzielczości SA | 0% |
| SGB – Bank SA | 0% |
2016
| Other systemically important institution | O-SII buffer rate |
|---|---|
| Powszechna Kasa Oszczędności Bank Polski SA | 0.75% |
| Bank Polska Kasa Opieki SA | 0.75% |
| mBank SA | 0.50% |
| Bank Zachodni WBK SA | 0.50% |
| ING Bank Śląski SA | 0.50% |
| Bank Handlowy w Warszawie SA | 0.25% |
| Bank Millennium SA | 0.25% |
| Bank BGŻ BNP Paribas SA | 0.25% |
| Raiffeisen Bank Polska SA | 0.25% |
| Getin Noble Bank SA | 0.25% |
| Bank Polskiej Spółdzielczości SA | 0% |
| SGB – Bank SA | 0% |
Methodology (Polish version only)
Pursuant to the regulation of the Minister of Finance (Dz.U. [Journal of Laws] of 2020, item 473), the obligation to maintain the systemic risk buffer was repealed as of 19 March 2020.
Regulation of the Minister of Finance of 18 March 2020 (in Polish)
Since 1 January 2018 a new macro-prudential instrument – the systemic risk buffer (SRB) at the rate of 3% – has been in force in Poland. The SRB applies for all domestically authorised credit institutions in Poland. The systemic risk buffer was introduced by the Regulation of the Minister of Development and Finance of 1 September 2017 (Dz. U. [Journal of Laws] of 2017, item 1776).
The systemic risk buffer serves to prevent and mitigate long-term non-cyclical systemic risk which can cause negative consequences for the financial system and the national economy.
The goal of introducing the SRB in Poland is to ensure that banks preserve their resilience to the negative impact of shocks by maintaining appropriate capital levels. In turn, the need to maintain a high level of capital in the banking system results from the systemic risk associated with the situation in the environment of the Polish economy and the possibility of negative external shocks.