Resolution Department

Main responsibilities

  • to assess the situation of credit institutions for the purpose of determining whether the application of resolution measures is warranted;
  • to take all actions as necessary for the Bank of Greece to exercise its powers as resolution authority under Article 2 (“Recovery and resolution of credit institutions and investment firms”) of Law 4335/2015;
  • to recommends to the competent body (i.e. the Resolution Measures Committee); and
  • to take the necessary actions arising from participation in the Single Resolution Mechanism.

The Resolution Department comprises the following sections:

  • Resolution Implementation Section

  • Resolution Planning Section A
  • Resolution Planning Section B
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