The minutes for the meeting of the Financial Stability Committee from 24 and 25 March 2025 have been published. At the meeting, members discussed the principal risks to financial stability, such as economic developments, developments in domestic financial markets, household and corporate debt, and the real estate market. They also discussed the efficacy of borrower-based measures and financial institutions’ resilience, including their capital and liquidity positions. Following a discussion of the topics covered in the presentations, the FSN decided to hold the countercyclical capital buffer (CCyB) unchanged at 2.5%. The last change in the CCyB was decided in March 2023 and took effect in March 2024. As a result, the CCyB rate is at the upper end of the range defined by the Committee as the neutral buffer rate; i.e., 2-2.5%.
The minutes of the meeting are available here: