The Governing Council of BNB has set the level of the countercyclical capital buffer, or CCyB, applicable to credit risk exposures in the Republic of Bulgaria at 0.5% for the fourth quarter of 2020. The Governing Council will decide on the level applicable in the first quarter of 2021 in December 2020.
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Keywords: Europe, Bulgaria, Banking, CCyB, Credit Risk, Regulatory Capital, Basel, BNB
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