Statement from the NBS Bank Board's 13th meeting of 2017

The Bank Board of Národná banka Slovenska today (10 July) held its 13th meeting of 2017, chaired by Jozef Makúch, the NBS Governor.

The Bank Board discussed and approved the July 2017 Quarterly Commentary on Macroprudential Policy. The Bank Board also decided to increase the countercyclical capital buffer rate to 1.25% with effect from 1 August 2018.

The Bank Board approved a draft Decree of Národná banka Slovenska on the elements of a notification required to identify other persons who, by virtue of their relationship with the notifier, have a special relationship with a bank or foreign bank branch.
The purpose of the draft Decree is to bring certain terms in similar laws of general application into line with the current legal situation and with NBS specialist departments’ requirements based on practical experience, which concern mainly the updating of notification elements.
The Decree will enter into force on 1 October 2017.

The Bank Board approved a draft Decree of Národná banka Slovenska on the elements of a bank’s application for prior approval to establish a foreign branch.
The purpose of the draft Decree is to bring certain terms in similar laws of general application into line with the current legal situation and with NBS specialist departments’ requirements based on practical experience.
The Decree will enter into force on 1 October 2017.

Jana Kováčová
Head of the Communications Section

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
Internet: http://www.nbs.sk

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