2020-04-01
Added · Updated
The National Bank of Belgium reduces the countercyclical capital buffer rate for exposures in Belgium to 0% for the second quarter of 2020. This decision releases the full buffer for credit risk exposures to the Belgian private non-financial sector to mitigate potential loan losses and procyclicality arising from the coronavirus pandemic. The regulator expects not to increase the buffer for a period of one year, subject to reassessment if major deviations from base projections occur.