Regulatory Alerts2023-07-01
Added · Updated
2023 Q3 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 third quarter of 2023. This decision applies to credit exposures to counterparties located on Belgian territory, ensuring banks retain full flexibility to use capital for credit provisions and support the real economy. The regulator notes that while the buffer may be re-activated for the quarter starting 1 October 2023, current conditions warrant keeping the rate unchanged for the immediate period.
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