Notice No. 7/2024

Banco de Portugal issued Notice No. 7/2024 to set the countercyclical capital buffer rate at 0.75% of total risk exposures in Portugal. This requirement applies to credit institutions and financial credit institutions, calculated under Article 92(3) of the EU Capital Requirements Regulation while excluding specific risk classes. The notice entered into force on January 1, 2025, to enhance financial stability and systemic risk resilience.

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