2024-09-17

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2024 Q4 Quarterly decision on the countercyclical buffer rate

The National Bank of Belgium maintains the countercyclical capital buffer rate for exposures in Belgium at 1.0% for the fourth quarter of 2024. This decision continues the implementation schedule established in July 2023, which set the rate to increase from 0.5% to 1.0% effective 1 October 2024. The determination is based on macroprudential indicators, including a negative credit-to-GDP gap and low bank loan growth, reflecting the current economic environment.

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National Bank of Belgium

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