Macroprudential measures – Belgium
The Belgian measure, applied in accordance with Article 133 of Directive 2013/36/EU, imposes a 9 % systemic risk buffer rate on IRB retail exposures to natural persons secured by residential immovable property for which the collateral is located in Belgium (both non-defaulted and defaulted exposures).
The Czech National Bank does not reciprocate this measure, as the exposure of domestic banks to mortgage loans for purchase of residential property located in Belgium is virtually zero. However, the Czech National Bank will continuously assess the volume of mortgage loans for purchase of residential property located in Belgium granted by domestic banks and stands ready to amend its decision if necessary.
Prague, 16 June 2022