OBS_VALUE: The level of capital is not precisely defined for the branches of foreign banks (sufficient level of capital and of transparency of the capital's origin in regard to the risks and the operational scope of the branch),  meanwhile it is precisely defined for Slovak banks (16 600 000 eur). However, according to the Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, Article 47, the conditions for the authorisation of a foreign credit institution cannot give rise to a more favourable treatment than the one from which benefit the remaining credit institutions. 7(7) and 8(7): A foreign bank shall submit a statement from the banking supervisory authority of the country where it has its registered office in order to establish a branch in the territory of the Slovak Republic.