Regulatory Alerts2022-07-01
Added · Updated
2022 Q3 Quarterly decision on the countercyclical buffer rate: 0%
The National Bank of Belgium maintains the countercyclical capital buffer rate for exposures in Belgium at 0% for the third quarter of 2022. This decision keeps the buffer unchanged from previous periods, reflecting that the need for pandemic-related support has diminished as economic recovery gathers pace. The regulator notes that while macro-financial conditions previously suggested potential re-activation, high uncertainty due to the war in Ukraine and rising inflation justifies maintaining the current rate. If the buffer is re-activated in September 2022, it would be set at 0.5% with a reduced six-month implementation period ending by 1 April 2023.
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