Regulatory Alerts2025-05-22
Update of the Countercyclical Capital Buffer (CCyB) Rate
The Saudi Central Bank (SAMA) has updated the Countercyclical Capital Buffer (CCyB) rate to 0%, effective 29 July 2023, mandating uniform application across all domestic banking institutions. This adjustment requires banks to maintain the specified buffer ratio against their total risk-weighted assets in strict compliance with SAMA’s macroprudential framework. The revised rate remains unchanged from the previous period, ensuring stable capital requirements while preserving regulatory flexibility for economic cycles.
6 ---SAMA--- Saudi Central Bank (SAMA)
Update of the Countercyclical Capital Buffer (CCyB) Rate
The Saudi Central Bank announces the official update of the Countercyclical Capital Buffer (CCyB) rate applicable to all banks operating in the Kingdom. The updated CCyB rate is set at 0%, effective as of 29 July 2023. This adjustment aligns with the Kingdom's macroprudential framework and applies to all domestic banking institutions without exception. Banks are required to maintain the specified buffer ratio against their risk-weighted assets in compliance with SAMA's regulatory guidelines.
Effective Date: 29/07/2023 CCyB Rate: 0% Reference: SAMA/CCyB/2023