Non-viability

Refers to a situation before institutional Insolvency, and may also include circumstances in which: (i) regulatory capital or required liquidity falls below specified minimum levels; (ii) there is a serious impairment of the Bank’s access to Funding sources; (iii) the Bank depends on official sector financial assistance to sustain operations or would be dependent in the absence of Resolution; (iv) there is a significant deterioration in the value of the Bank’s assets; (v) the Bank is expected in the near future to be unable to pay liabilities as they fall due; (vi) the Bank’s business plan is non-viable; and/or (vii) the Bank is expected in the near future to be balance-sheet insolvent.