The aim is to increase the ability of these lenders to resist their specific systemic risks," FMA said in a statement. The Austrian regulator has ordered 12 Austrian banks to gradually increase their capital buffer by up to 2% of risk-weighted assets until the start of 2019 in order to cover systemic risks. Erste Bank , Raiffeisen Bank International , Raiffeisen Zentralbank Oesterreich and Unicredit Bank Austria have been instructed to start with a rise of 25bp from January 2016 , doubling every January until 2019 . Other banks affected as Hypo Tirol , Hypo Noe , Bawag PSK , Oberoesterreichische Landesbank , Raiffeisenbank Niederoesterreich , Raiffeisenlandesbank Oberoesterreich , Sberbank Europe and Raiffeisen Bank International Landes- und Oberoesterreichische Landesbank . The requirement is in addition to the SREP ( Supervisory Review and Evaluation Process ) ratio.
The Austrian regulator has ordered 12 Austrian banks to gradually increase their capital buffer by up to 2% of risk-weighted assets until the start of 2019 in order to cover systemic risks. Erste Bank , Raiffeisen Bank International , Raiffeisen Zentralbank Oesterreich and Unicredit Bank Austria have been instructed to start with a rise of 25bp from January 2016 , doubling every January until 2019 . Other banks affected as Hypo Tirol , Hypo Noe , Bawag PSK , Oberoesterreichische Landesbank , Raiffeisenbank Niederoesterreich , Raiffeisenlandesbank Oberoesterreich , Sberbank Europe and Raiffeisen Bank International Landes- und Oberoesterreichische Landesbank . The requirement is in addition to the SREP ( Supervisory Review and Evaluation Process ) ratio.