India, June 4 -- The Czech National Bank raised the countercyclical capital buffer rate on Thursday, citing strong lending activity, rising debt and increasing housing prices.
The CNB bank board decided to increase the countercyclical capital buffer (CCyB) rate by 25 basis points to 1.5 percent with effect from July 1, 2027, at its financial stability meeting.
The CCyB is aimed to boost the resilience of the banking sector to risks linked with fluctuations in lending activity and enable them to give loans to households and businesses during a recession or a period of financial crisis.
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