EBA updates data used for the identification of G-SIIs

The European Banking Authority (EBA) today released an updated set of 13 indicators and supporting data for the 32 largest institutions in the European Union, each with a leverage ratio exposure measure exceeding EUR 200 billion. This comprehensive publication features the latest figures and metrics essential for recognising institutions within the Banking Union and those operating under the Single Resolution Mechanism (SRM). By serving as a centralised data hub in the disclosure process, the EBA ensures annual updates and provides user-friendly tools, making it easier for stakeholders across the EU to access and analyse this vital information.

This end-2024 data will assist competent authorities to identify a subset of banks as global systemically important institutions (G-SIIs), following the final decision by the Basel Committee on Banking Supervision (BCBS) and the Financial Stability Board (FSB).

A stable sample of 27 institutions shows that the sum for those banks’ total exposures increased by 3.4% at the end of 2024, accelerating growth from the previous 1.3% up to the end of 2023. Showing the most noticeable development from the previous year, the trading volume indicator increased by 39.7%. The indicators concerning OTC derivatives, securities outstanding, assets under custody and level 3 assets increased by 13.3%, 9.6%, 8.8% and 6.4% respectively, all renewing their highest activity volume observed since 2013. The underwriting activity indicator registered a remarkable increase, by 25% at the end of 2024, overcoming the year of 2021 as the highest value for this indicator since 2013. With similar magnitude, the trading and available for sale securities indicator rose by 26.4% at the end of 2024. The only indicator observing a downward trend up to the end of 2024 was intra-financial system liabilities, declining by 0.9%.