Regulatory Alerts2020-07-01
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2020 Q3 Quarterly decision on the countercyclical buffer rate
The National Bank of Belgium maintains the countercyclical capital buffer rate for exposures in Belgium at 0% for the third quarter of 2020. This decision keeps the buffer unchanged to anticipate significant and potential long-lasting effects on domestic and global economic growth due to the Covid-19 pandemic. The regulator expects not to increase the buffer for a period of one year, as reactivation in the short run is considered very unlikely.
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