Statement from the NBS Bank Board’s 23rd meeting of 2017

19. 12. 2017 | Press Release of the NBS

The Bank Board of Národná banka Slovenska today (19 December) held its 23rd meeting of 2017, chaired by Jozef Makúch, the NBS Governor.

The Bank Board took note of NBS's December 2017 Monthly Bulletin, which will be published on the NBS website. The Bulletin includes the Report on the International Economy and Report on the Slovak Economy, which will be published in electronic form as separate publications.

The Bank Board took note of NBS's Medium-Term Forecast (MTF-2017Q4) and approved the Bank Board's Opinion on MTF-2017Q4. Both texts will be presented at a press conference and published on the NBS website.

The Bank Board approved the annulment of Macroprudential Policy Recommendation No 1/2014 of Národná banka Slovenska of 7 October 2014 on risks related to market developments in retail lending, as amended by Addendum No 1 of 31 January 2017.

Národná banka Slovenska considers Recommendation No 1/2014, as amended by Addendum No 1, to be no longer necessary following its implementation into Decree No 10/2017 of Národná banka Slovenska of 14 November 2017 laying down detailed provisions on the assessment of borrowers' ability to repay consumer loans, which will enter into force on 1 January 2018. The annulment of the Recommendation enters into force on 1 January 2018.

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

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