The Banco de España approves the new framework for setting the countercyclical capital buffer and sets the buffer rate for 2024 Q4 at 0.5%
01/10/2024
Macroprudential policy
The Banco de España has approved a revised framework for setting the countercyclical capital buffer (CCyB) required of institutions for their exposures located in Spain.
Following the public consultation in May, the Banco de España has set the buffer rate at 0.5% from 2024 Q4, having identified a standard level of cyclical systemic risk (an intermediate level between high and low risk).
