Measure of the National Bank of Slovakia No. 3/2026 of 28 September 2026 amending and supplementing Measure No. 10/2016 on the assessment of a consumer's ability to repay a housing loan

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_________________________________________________________________________________________ 3/2026 MEASURE of the National Bank of Slovakia of 28 September 2026, amending and supplementing the Measure of the National Bank of Slovakia of 13 December 2016 No. 10/2016, laying down details on the assessment of a consumer's ability to repay a housing loan as amended by later regulations The National Bank of Slovakia, after discussion with the Ministry of Finance of the Slovak Republic, pursuant to Section 8(16)(f) and (g) of Act No. 90/2016 Coll. on housing loans and on amendment and supplementation of certain acts as amended by later regulations, lays down:
Art. I
The Measure of the National Bank of Slovakia of 13 December 2016 No. 10/2016, laying down details on the assessment of a consumer's ability to repay a housing loan (Notice No. 373/2016 Coll.) as amended by the Measure of 29 May 2018 No. 7/2018 (Notice No. 169/2018 Coll.), the Measure of 17 December 2019 No. 10/2019 (Notice No. 503/2019 Coll.) and the Measure of 23 August 2022 No. 5/2022 (Notice No. 309/2022 Coll.) is amended and supplemented as follows:

1. In Section 7, paragraphs 1 to 3 read:
   "(1) The housing loan security indicator for housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to paragraph 3, shall be calculated as the ratio of the consumer's indebtedness related to the housing loan pursuant to paragraphs 9 to 11 to the value of the housing loan security pursuant to paragraphs 12 to 17, expressed as a percentage, and may not exceed a) 90% for housing loans for the acquisition of a first home pursuant to paragraph 4, b) 70% for housing loans for the acquisition of a third and subsequent real estate pursuant to paragraph 7 and for housing loans where the number of residential properties owned by the consumer has not been determined, c) 80% for housing loans other than housing loans pursuant to letters a) and b). (2) The volume of housing loans provided pursuant to paragraph 1(b) and (c), where the housing loan security indicator exceeds the value pursuant to paragraph 1(b) and (c) and does not exceed 90%, may not exceed a) 9% of the total volume of new housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to paragraph 3, with the date of conclusion of the housing loan agreement in the previous calendar quarter, and at the same time b) 7% of the total volume of new housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to paragraph 3, with the date of conclusion of the housing loan agreement in the previous calendar half-year. (3) For the purposes of this Measure, a housing loan for refinancing without increase means a housing loan by which one existing housing loan or more existing housing loans are repaid (hereinafter referred to as "refinanced housing loan") or a change to a housing loan agreement consisting of an increase in the amount of the housing loan (hereinafter referred to as "increased housing loan"), if the amount of the provided housing loan does not exceed the sum of

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_________________________________________________________________________________________ the remaining amounts of the refinanced housing loans or increased housing loans by the lower of the values a) 2,000 euros, b) 5% of the sum of the remaining amounts of the refinanced housing loans or increased housing loans.".
2. In Section 7, new paragraphs 4 to 8 are inserted after paragraph 3, which read:
"(4) For the purposes of this Measure, a housing loan for the acquisition of a first home means a housing loan secured by real estate pursuant to Section 6(2) and (3) provided to a consumer who, as of the date of application for the housing loan, is no older than 35 years and does not own a residential property, provided that at least one of the purposes of this housing loan is the acquisition of ownership rights to real estate pursuant to Section 6(2)(a) points 1 and 2 or the construction of real estate pursuant to Section 6(2)(a) points 1 and 2. The conditions pursuant to the first sentence are considered fulfilled if each co-debtor meets them. (5) For the purposes of this Measure, a residential property means a) a building with building type code 9, 10, 13, 21 and 22 pursuant to a special regulation, 15a) b) a space in a building with building type code 9, 10, 13, 20 to 22 pursuant to a special regulation 15a) with space type code 1 and 3 pursuant to a special regulation 15b) or c) a space in a building with building type code 9, 10, 13, 20 to 22 pursuant to a special regulation 15a) with space type code 2 and 4 pursuant to a special regulation 15b) and at the same time with non-residential space type code 11 and 12 pursuant to a special regulation. 15c) (6) For the purposes of this Measure, ownership of one residential property means ownership of a residential property in the territory of the Slovak Republic with a share of at least 1/2 according to the status recorded in the real estate cadastre; 9) ownership of one residential property is also considered when co-debtors own co-ownership shares in the same residential property, the sum of which reaches at least 1/2. Ownership of a residential property does not include ownership of a building with building type code 21 pursuant to a special regulation, 15a) if the purpose of providing the housing loan is the completion of this building. If verification of ownership of a residential property pursuant to the first and second sentences is not possible due to reasons on the part of the real estate cadastre information system, ownership of a residential property shall be proven by submitting a sworn statement from the debtor and co-debtors. (7) For the purposes of this Measure, a housing loan for the acquisition of a third and subsequent real estate means a housing loan secured by real estate pursuant to Section 6(2) and (3) provided to a consumer who owns at least two residential properties or to co-debtors who collectively own at least two residential properties. (8) Information necessary to verify the facts pursuant to paragraphs 1, 4 to 7 may not be older than 30 days from the date of application for the housing loan.". The current paragraphs 4 to 12 are designated as paragraphs 9 to 17. Footnotes to references 15a to 15c read:
"
15a) Annex No. 7 to Decree of the Office of Geodesy, Cartography and Cadastre of the Slovak Republic No. 461/2009 Coll., implementing Act of the National Council of the Slovak Republic No. 162/1995 Coll. on the real estate cadastre and on the registration of ownership and other rights to real estate (Cadastre Act) as amended by later regulations. 15b) Annex No. 9 to Decree No. 461/2009 Coll. 15c) Annex No. 10 to Decree No. 461/2009 Coll.".

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3. In Section 7(14), the words "7 and 8" are replaced by the words "12 and 13".
4. In Section 7(16), the words "7 to 10" are replaced by the words "12 to 15".
5. In Section 8(2), the words "7 to 9" are replaced by the words "12 to 14".
6. In Section 8a(4), the number "9" is replaced by the number "10".
7. After Section 9c, Section 9d is inserted, which, including the heading, reads:
   "Section 9d
   Transitional provisions for amendments effective from 1 January 2027 (1) The provision pursuant to Section 7(1) shall apply in the period from 1 January 2027 to 30 June 2027 such that the housing loan security indicator for housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to Section 7(3), shall be calculated as the ratio of the consumer's indebtedness related to the housing loan pursuant to Section 7(9) to (11) to the value of the housing loan security pursuant to Section 7(12) to (17), expressed as a percentage, and may not exceed a) 90% for housing loans for the acquisition of a first home pursuant to Section 7(4), b) 80% for housing loans other than housing loans pursuant to letter a). (2) The provision pursuant to Section 7(2) shall apply in the period from 1 January 2027 to 30 June 2027 such that the volume of housing loans provided pursuant to paragraph 1(b), where the housing loan security indicator exceeds the value pursuant to paragraph 1(b) and does not exceed 90%, may not exceed 20% of the total volume of new housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to Section 7(3), with the date of conclusion of the housing loan agreement in the previous calendar quarter. (3) The provision pursuant to Section 7(2) shall apply in the period from 1 July 2027 to 31 December 2027 such that the volume of housing loans provided pursuant to Section 7(1)(b) and (c), where the housing loan security indicator exceeds the value pursuant to Section 7(1)(b) and (c) and does not exceed 90%, may not exceed 10% of the total volume of new housing loans secured by real estate pursuant to Section 6(2) and (3), except for housing loans for refinancing without increase pursuant to Section 7(3), with the date of conclusion of the housing loan agreement in the previous calendar quarter.". Art. II This Measure shall enter into force on 1 January 2027. Peter Kažimír m.p. Governor Issuing department: Department of Financial Consumer Protection