Regulatory Alerts2021-10-01
Added · Updated
2021 Q4 Quarterly decision on the countercyclical buffer rate: 0%
The National Bank of Belgium maintains the countercyclical buffer rate for exposures in Belgium at 0% for the fourth quarter of 2021. This decision overrides standard indicators, such as a credit-to-GDP gap exceeding 2%, due to lingering credit quality risks and the ongoing impact of the pandemic. The regulator expects to keep the rate unchanged at least until the second quarter of 2022, pending reassessment if major changes in risk assessments occur.
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