Brief: The National Bank of Belgium Keeps CCyB Rate At 0%

Nationale Bank Van Belgie NV

31/03/2021 08:12

March 31 (Reuters) - Banque Nationale De Belgique SA
 BNAB.BR :        
    * DECIDED ON 16 MARCH 2021 TO MAINTAIN COUNTERCYCLICAL
BUFFER RATE
FOR CREDIT RISK EXPOSURES TO BELGIAN PRIVATE NON-FINANCIAL
SECTOR AT 0 % FOR Q2 OF 2021
    * BASED ON CURRENT PROJECTIONS AND RISK ASSESSMENTS, NBB
EXPECTS
NOT TO INCREASE CCYB AT LEAST UNTIL 2022 Q1
    * A REACTIVATION OF CCYB IN SHORT RUN SEEMS HENCE VERY
UNLIKELY
    * WILL REVIEW SITUATION ON A QUARTERLY BASIS

Source text for Eikon:  ID:nNDL9myMxZ 
Further company coverage:  BNAB.BR 

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