Events listed in [NBB] National Bank of Belgium
National Bank of Belgium confirms previous decisions on the countercyclical capital ...
ID 26176
The National Bank of Belgium, in adherence to Article 5 §2 Annex IV to the Banking Law, has resolved to maintain the countercyclical buffer rate for exposures in Belgium at 1.0%. This macroprudential tool aims to alleviate cyclical systemic risks and counter pro-cyclicality in lending, bolstering banks‘ resilience. The buffer rate, expressed as a percentage of risk-weighted assets, typically ranges from 0 to 2.5% ...
National Bank adjusts macroprudential capital requirements
ID 24796
The NBB has decided to maintain the countercyclical buffer rate at 0% for exposures in Belgium in the third quarter of 2023. This decision follows a period of uncertainty in 2022 and the first half of 2023, marked by potential energy crises, shifting credit and real estate cycles, and turbulence in the US and Swiss banking sectors. The NBB’s aim during this time was ...
National Bank considers re-activation of the countercyclical capital buffer
ID 23970
The NBB has announced its decision to maintain the CCyB at 0% for the quarter starting on 1 July 2023. However, the NBB will consider re-activating the CCyB for the following quarter, beginning on 1 October 2023. The decision to maintain the buffer at zero was made in response to high uncertainty caused by **potential energy crises, turning credit and real estate cycles, as ...
The economic consequences of artificial intelligence
ID 23506
The NBB published a research article in the Economic Review of 2023 entitled „The economic consequences of artificial intelligence: an overview“, exploring the impact of AI on various industries and its potential drawbacks. The article highlights that AI is transforming industries such as healthcare, finance, transportation, and manufacturing. AI is being used in healthcare to improve patient outcomes, detect diseases, and develop personalized treatment ...
National Bank of Belgium takes key steps towards a sustainable and inclusive ...
ID 22666
The National Bank of Belgium made a significant effort in its efforts to achieve a sustainable and inclusive net-zero economy by releasing its Sustainable and Responsible Investment Charter and its report on Climate-related Disclosures for Non-monetary Policy Portfolios. The publication of these documents demonstrates the bank’s commitment to SRI, as the Charter outlines a framework for integrating these principles into the management of the ...
National Bank maintains countercyclical capital buffer for credit institutions at 0%
ID 22575
The NBB has decided to maintain the CCyB rate at 0% for the second quarter of 2023, allowing Belgian banks to maintain credit to households and non-financial corporations without tightening credit conditions. This decision was made in response to recent developments in the US and Swiss banking sectors, which highlighted the **risks that can materialize when interest rates are low, credit and liquidity conditions ...