2025-11-20

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2026 Q1 Quarterly decision on the countercyclical buffer rate: 1.25%

The National Bank of Belgium sets the countercyclical buffer rate for exposures in Belgium at 1.25%, effective 1 July 2026. This decision integrates the specific capital buffer for mortgage loans into the general countercyclical buffer, simplifying the macroprudential framework into a single general buffer. The rate increase, previously announced on 1 October 2025, applies to credit exposures to counterparties located on Belgian territory.

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Belgium

National Bank of Belgium

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