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Business & Finance

Czech central bank leaves countercyclical capital buffer at 0.5pc

  • The bank had cut the rate in extraordinary steps from 2.0% last year to help banks absorb shocks from the coronavirus crisis.
Published March 4, 2021 Updated March 4, 2021 05:40pm
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By Reuters
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PRAGUE: The Czech central bank board left the counter-cyclical capital buffer that all banks are required to hold unchanged at 0.5% of their risk exposure, the bank said after a quarterly assessment on Thursday.

The bank had cut the rate in extraordinary steps from 2.0% last year to help banks absorb shocks from the coronavirus crisis.

interest rate coronavirus crisis Czech central bank

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