Regulatory Alerts2021-07-01
Added · Updated
2021 Q3 Quarterly decision on the countercyclical buffer rate
The National Bank of Belgium maintains the countercyclical buffer rate for exposures in Belgium at 0% for the third quarter of 2021. This decision overrides standard indicators, such as a high credit-to-GDP gap, due to the persistence of crisis-related risks and credit quality concerns stemming from the Covid-19 pandemic. The regulator expects not to increase the buffer at least until the first quarter of 2022, subject to reassessment if major deviations from baseline projections occur.
Topics
Share