Capital buffers
According to Article X. of Act No. 161/2002 on Financial Undertakings financial undertakings shall hold capital buffers.
Show all
Decisions on capital buffer requirements
Capital buffers: Arion bank, Íslandsbanki og Landsbankinn
| Date | 01.04.2016 | 01.01.2017 | 15.05.2019 | 01.02.2020 | 19.03.2020 | 29.9.2022 | Capital buffer |
|---|---|---|---|---|---|---|---|
| Systemic risk buffer | 3.00% | 3.00% | |||||
| O-SIIs buffer | 2.00% | 2.00% | |||||
| Countercyclical capital buffer | 1.75% | 2.00% | 0.00% | 2.00% | 2.00% | ||
| Capital conservation buffer | 2.50% | 2.50% | |||||
| Combined buffer requirement | 9.50% |
D-SIB: Capital requirements
| Capital requirements | Arion bank | Íslandsbanki | Landsbankinn |
|---|---|---|---|
| Pillar I | 8.0% | 8.0% | 8.0% |
| Pillar II* | 3.4% | 2.7% | 3.3% |
| Capital buffers** | 9.1% | 9.3% | 9.3% |
| Combined capital requirements | 20.5% | 19.9% | 20.7% |
*Pillar II according to SREP at year-end 2021.
**Adjusted for reductions in systemic risk and countercyclical capital buffers for foreign exposures.
Capital buffers: indó sparisjóður, Kvika bank, Sparisjóður Austurlands, Sparisjóður Höfðhverfinga, Sparisjóður Strandamanna og Sparisjóður Suður-Þingeyinga
| Date | 01.01.2017 | 01.01.2018 | 15.05.2019 | 01.01.2020 | 01.02.2020 | 19.03.2020 | 29.9.2022 | Capital buffer |
|---|---|---|---|---|---|---|---|---|
| Systemic risk buffer | 2.00% | 3.00% | 3.00% | |||||
| Countercyclical capital buffer | 1.75% | 2.00% | 0.00% | 2.00% | 2.00% | |||
| Capital conservation buffer | 2.50% | 2.50% | ||||||
| Combined buffer requirement | 7.50% |
Capital buffers: Fossar fjárfestingarbanki, Lánasjóður sveitarfélaga and SaltPay IIB
| Date | 01.01.2017 | 15.05.2019 | 01.02.2020 | 19.03.2020 | 29.9.2022 | Capital buffer |
|---|---|---|---|---|---|---|
| Countercyclical capital buffer | 1.75% | 2.00% | 0.00% | 2.00% | 2.00% | |
| Capital conservation buffer | 2.50% | 2.50% | ||||
| Combined buffer requirement | 4.50% |