Hungarian National Bank extending systemic risk buffer

Hungarian National Bank extending systemic risk buffer

Published at: 2019-09-17 09:41 | Author: CIJ Serbia
The National Bank of Hungary is extending a systemic risk buffer requirement that had been introduced to manage risk stemming from problem project loans to non-problem FX currency project loans. This extension will take effect at the start of next year. “In addition to problem exposures already covered, project loans qualified as non-problem, but denominated in foreign currency will also be included in the determination of the capital buffer rate,” the bank said in a statement.

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