Information on bank resolution and bail-in
Based on lessons learned from the financial crisis of 2008, many countries have adopted rules for how banks at risk of default can be resolved in an orderly manner without involving taxpayers. Under these procedures, shareholders and creditors of a bank in distress may be required to bear a portion of the losses. The objective is to ensure that a bank can be resolved without the use of public funds.
Please find the latest overview on bank resolution procedures and creditor participations in following document.