CNB Board decision on financial stability

The CNB Bank Board decided to increase the countercyclical capital buffer rate to 1% with effect from 1 July 2022 and kept the Recommendation regarding mortgage lending unchanged.

The CNB Bank Board decided to reduce the frequency of the two-week liquidity-providing repo operations for credit institutions to once a week with effect from 28 May 2021 and to reintroduce the previously applied interest rate mark-up of 0.1 pp.

According to stress tests, the banking sector is highly resilient, partly thanks to capital surpluses.