trending Market Intelligence /marketintelligence/en/news-insights/trending/OBEo1IPdymBZp6tkwDwBaQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Slovakian central bank imposes countercyclical buffer

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Slovakian central bank imposes countercyclical buffer

The Slovakiancentral bank increased the countercyclical capital buffer rate forSlovakian banks to 0.5% from zero percent, effective Aug. 1, 2017.

Slovakia becomes the first eurozone country to impose acountercyclical buffer, designed to reduce the risk posed by rapid lendinggrowth, Reuters wrote July 26. Regulators in Norway, Sweden and the CzechRepublic have imposed similar buffers, the newswire noted.

The central bank also approved a decree on the annual reportsand half-yearly reports to be submitted by pension fund management andsupplementary pension management companies, laying out the scope and structureof such reports, along with the method and place of submission.

The decree will become effectiveAug. 15.