Central Bank of Cyprus maintains 1.5 per cent capital buffer

The Central Bank of Cyprus (CBC) on Friday announced that it has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 per cent.

The CBC explained that, in accordance with the Macroprudential Oversight of Institutions Laws of 2015 to 2022, it deemed it appropriate to keep the buffer unchanged.

“The countercyclical capital buffer rate will remain at 1.5 per cent,” the bank stated.

The decision takes effect from