The Executive Board of the National Bank has decided to maintain the countercyclical capital buffer rate at 1.75% for domestic exposures in the second quarter of 2026, based on the latest quarterly assessment of systemic risks. This decision reflects the stability of the banking system and the absence of overheating signals in the credit cycle, despite accelerating lending to businesses and households.

While the banking system exhibits stability with good solvency, liquidity, and profitability, environmental and geopolitical risks are becoming more pronounced, potentially impacting inflation. Monetary policy is being conducted cautiously in response to these increased risks.

The National Bank has previously increased the countercyclical capital buffer rate, resulting in a significant amount of additional capital within the banking system and bolstering the resilience of banks.

The National Bank will continue to closely monitor systemic risks and reassess the countercyclical capital buffer rate on a quarterly basis.