2023-04-01
Added · Updated
The National Bank of Belgium maintains the countercyclical buffer rate for exposures in Belgium at 0% for the second quarter of 2023. This decision preserves approximately €1 billion in capital flexibility for Belgian banks to support credit provision, offer debt restructuring, and increase credit risk provisions. The regulator also requests financial institutions to exercise caution regarding dividends and profit distributions based on conservative forward assessments of capital needs.