Statement from the 24th Meeting of the Bank Board of NBS

08. 06. 2010 | Press Release of the NBS

The 24th Meeting of the Bank Board of Narodna banka Slovenska (BR NBS) was held today (8 June 2010) chaired by Jozef Makuch, Governor.

The Bank Board of the NBS approved the Decree of Narodna banka Slovenska stipulating pricing methods of positions recorded in the banking book and the details on pricing the positions recorded in the banking book including the frequency of such pricing.

The Decree, jointly with the Decree of Narodna banka Slovenska which amends the Decree of Narodna banka Slovenska No 4/2007 on banks´ own funds of financing and banks´ capital requirements and on securities dealers´own funds of financing and securities dealers´ capital requirements as amended (which was concurrently prepared by the NBS), shall adjust the methodology of this calculation, and the models of  expected losses will be the basis for  this calculation; the adequate extent of property that shall be affected by the adjustment is the property recorded in the banking book, as the underestimation of credit risks refers particularly to the credit portfolios of banks.

The Decree shall become effective on 1 January 2011.

The Bank Board of the NBS approved the Decree of Narodna banka Slovenska which amends the Decree of Narodna banka Slovenska No 4/2007 on banks´ capital requirements and on securities dealers´own funds of financing and securities dealers´ capital requirements as amended.

The Decree, jointly with the Decree o  Narodna banka Slovenska stipulating pricing methods of positions recorded in the banking book and the details on pricing of the positions recorded in the banking book including the frequency of such pricing (which was concurrently prepared by the NBS), shall adjust the methodology of this calculation, and the models of expected losses will be the basis for this calculation; the adequate extent of property that shall be affected by the adjustment is the property recorded in the banking book, as the underestimation of credit risks refers particularly to the credit portfolios of banks.

The Decree shall become effective on 1 January 2011.

The Bank Board of the NBS approved the document Macroprudential analysis of the Slovak banking sector - March 2010. It will be published on the website of the NBS.

 

Jana Kováčová
Spokesperson of the NBS

 

National Bank of Slovakia
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Internet: http://www.nbs.sk

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