Bank of Italy Keeps Countercyclical Capital Buffer at Zero Percent
Bank of Italy announced its decision to maintain the countercyclical capital buffer (CCyB) ratio of 0% for the third quarter of 2020. The CCyB is based on the analysis of the reference indicators, with the credit-to-GDP gap being identified, within the European legislation, as a key reference indicator for setting the CCyB ratio.
Related Link (in Italian): Press Release (PDF)
Keywords: Europe, Italy, Banking, CCyB, Regulatory Capital, Basel, Bank of Italy
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