Recovery plans

Recovery plans ensure that banks are prepared to restore their viability in a timely manner even in periods of severe financial stress. Banks under the direct supervision of the ECB are required to draft and maintain recovery plans and to submit them annually for assessment. Recovery plans are a key element of the European crisis management framework.

Crisis management
List of supervised banks

The ECB supports banks in their recovery planning and engages in open and transparent dialogue with them.

Recent publications

Benchmarking of recovery plans

The benchmarking analysis of the 2018/19 recovery plan cycle looks at key characteristics of the plans and identifies areas for improvement.

The benchmarking encompasses plans assessed until July 2019.

Benchmarking of recovery plans (cycle 2018/19)

Newsletter article on overall recovery capacity

Overall recovery capacity is a good indicator of a bank’s resilience. It is defined as the extent to which a bank could restore its capital and liquidity in exceptional but plausible crisis situations by implementing recovery options.

Supervision Newsletter article: Overall recovery capacity – getting it right

ECB Report on recovery plans

The report, written after three successive cycles of recovery plan assessments, presents the ECB’s lessons learned and some best practices observed in five key areas: recovery options, overall recovery capacity, recovery indicators, playbooks and dry runs. It aims to help significant institutions further improve their plans and make them more operational.

ECB Report on recovery plans

All published materials

12 February 2020

Benchmarking of recovery plans (cycle 2018/19)

12 February 2020

Benchmarking for better recovery plans (Supervision newsletter article)

14 August 2019

Overall recovery capacity: getting it right (Supervision newsletter article)

15 August 2018

Recovery planning: the ECB experience (Supervision newsletter article)

3 July 2018

Report on recovery plans

15 November 2017

Recovery and resolution: banks need to be prepared (Supervision newsletter article)