The ECB, acting as European supervisor in the framework of banking union in the Eurozone, on Friday 28 April put a price-tag of €425 million for 2017 on the costs related to prudential supervision, an increase of some 10% on 2016.
The charges payable by major banks will represent 92% of the total (€391 million), with the remaining 8% (€34 million) to be paid by smaller banks. This will cover the various activities that make up the ECB's prudential priorities for 2017. The increase also reflects a rise in levels of staff earmarked for the direct supervision of major banking groups.
At the end of 2016, the ECB's expenditure on its prudential supervision missions stood at €382.2 million. This was €41.1 billion below estimate. The surplus was deducted in full from the estimated charges for 2017.
For each bank, the fees are calculated on the basis of the size and risk profile of the bank. They include a fixed minimum component of 10% for each establishment plus a variable component. For the smaller major banks with total assets below €10 billion, the minimum component is halved. (Original version in French by Mathieu Bion)