Statement from the NBS Bank Board’s 20th meeting of 2018

23. 10. 2018 | Press Release of the NBS

The Bank Board of Národná banka Slovenska today (23 October) held its 20th meeting of 2018, chaired by Jozef Makúch, the NBS Governor.

The Bank Board discussed the Analysis of Economic Convergence in Slovakia. The Analysis assesses Slovakia's progress in economic convergence towards the EU average and with regard to developments in other EU Member States. It also examines Slovakia's institutional and export competitiveness. The full text of the Analysis will be published on the NBS website.

The Bank Board took note of NBS's October 2018 Monthly Bulletin, which will be published on the NBS website.

The Bank Board approved NBS's October 2018 Quarterly Commentary on Macroprudential Policy.

The Bank Board reaffirmed that the countercyclical capital buffer (CCyB) rate will be set at 1.50% with effect from 1 August 2019. The CCyB rate for Slovak exposures set by the Bank Board is as follows:

Period of application

Rate

1 August 2017 - 31 July 2018

0.50%

1 August 2018 - 31 July 2019

1.25%

1 August 2019 -

1.50%

Martina Vráblik Solčányiová
NBS Spokesperson

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2142, +421-2-5865 2142, +421-2-5787 2169, +421-2-5865 2169
Internet: http://www.nbs.sk

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