Statement from the NBS Bank Board’s 25th meeting of 2020

08. 12. 2020 | Press Release of the NBS

On 8 December the Bank Board of Národná banka Slovenska held its 25th meeting of 2020, chaired by NBS Governor Peter Kažimír.

The Bank Board approved a Decision of Národná banka Slovenska amending Decision No 2/2015 of Národná banka Slovenska of 28 April 2015 on the implementation of the Eurosystem monetary policy framework in the Slovak Republic, as amended.

The amending Decision introduces changes resulting from the European Central Banks's guidelines on the implementation of Eurosystem monetary policy and some other changes based on experience. The amendments concern mainly assets accepted as collateral in Eurosystem credit operations, NBS counterparties' obligations, and the Eurosystem credit assessment framework.

The Bank Board approved the notification of the issuance of a €10 silver collector coin commemorating the 100th anniversary of the Slovak Teachers' Choir. The coin is made from an alloy of silver (90%) and copper (10%), weighs 18 g, and has a diameter of 34 mm. Designed by Zbyněk Fojtů and produced by the Kremnica Mint, the coin is due to go on sale in March 2021.

The Bank Board approved a Decree amending Decree No 16/2014 of Národná banka Slovenska on the disclosure of information by banks and branches of foreign banks, as amended.

The amending Decree requires banks, in accordance with the requirements of Guidelines EBA/GL/2018/10, to publish information on the amount and breakdown of their non-performing and forborne exposures via a set of standardised templates.

The Decree takes effect on 31 December 2020.

The Bank Board approved a Decree amending Decree No 13/2017 of Národná banka Slovenska of 12 December 2017 on reporting for supervisory purposes by banks and branches of foreign banks, as amended.

The Decree introduces a new fraud reporting template for banks and foreign bank branches in line with the requirements of the amended Guidelines EBA/GL/2020/01. It also establishes a new remuneration reporting template for banks, to be used for collecting information on gender pay gaps in accordance with the transposed articles of the revised Capital Requirements Directive (CRD V).

In order to harmonise the template with European reporting, the Decree also modifies several reporting items in the profit and loss account of banks and foreign bank branches.

The Decree takes effect on 31 December 2020.

The Bank Board approved the 2021 budget of Národná banka Slovenska.

Peter Majer
NBS Spokesperson

 

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

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