BDE decided to maintain the countercyclical capital buffer (CCyB) applicable to credit exposures located in Spain at 0% during the first quarter 2021. This decision is in line with the prudential expectations of temporary relaxation of requirements communicated by ECB, EBA, and BCBS at the beginning of the pandemic, to facilitate continued provision of credit to the real economy by banks.
Related Link: Notification (PDF in Spanish)
Keywords: Europe, Spain, Banking, CCyB, Regulatory Capital, Basel, COVID-19, Macro-Prudential Policy, BDE
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