Statement from the NBS Bank Board's 18th meeting of 2016

The Bank Board of Národná banka Slovenska today (27 September) held its 18th meeting of 2016, chaired by Ján Tóth, the NBS Deputy Governor.

The bank Board took note of NBS’s September 2016 Monthly Bulletin, September 2016 Report on the International Economy and September 2016 Report on the Slovak Economy, which will be published on the NBS website.

The Bank Board took note of NBS’s Medium-Term Forecast (MTF-2016Q3) and approved the Opinion on MTF-2016Q3. Both texts will be presented at a press conference and published on the NBS website.

The Bank Board took note of the Analysis of the Slovak Economy‘s Convergence, which will be published on the NBS website. The Analysis assesses the Slovak economy’s progress, compared with other EU and EU candidate countries, in convergence towards EU average levels, and also examines Slovakia’s institutional and export competitiveness.

The Bank Board approved a Decree of Národná banka Slovenska laying down the elements of an application for the registration of a representative office of a foreign bank or of a similar foreign financial institution engaged in banking activities.

The Decree will bring certain generally binding legal regulations into alignment and meet requirements concerning their practical application.

The Decree will enter into force on 1 January 2017.

The Bank Board approved a Decree of Národná banka Slovenska on the content of operational reports on the risk management units of insurance undertakings subject to a special regime.

The purpose of the Decree is to lay down the structure, scope, content and form of reports on the operational results achieved by risk management units of insurance undertakings subject to a special regime.

The Decree will enter into force on 15 October 2016.

The Bank Board approved the Financial Market Situation and Trend Report – H1 2016.

The Bank Board took a decision recognising the systemic risk buffer rate of 1% that Eesti Pank has set for all exposures located in Estonia.

The Decision will enter into force on 1 October 2016.

Martina Solčányiová
NBS Spokesperson

National Bank of Slovakia
Press and Editorial Section
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Internet: http://www.nbs.sk

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