2025-06-23

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2025 Q3: Quarterly decision of the National Bank of Belgium on the countercyclical buffer rate (1 July 2025): 1.0%

The National Bank of Belgium maintains the countercyclical capital buffer rate for credit exposures to counterparties located on Belgian territory at 1.0% for the third quarter of 2025. This decision applies to banks and requires them to hold additional capital reserves against these exposures to mitigate cyclical systemic risks and support the sustainable provision of credit. The rate remains unchanged from the previous quarter despite gradual recovery in credit and residential property cycles, due to ongoing vulnerabilities from geopolitical developments and trade conflicts.

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