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Financial stability


25 January 2023

Recommendation of the ESRB on vulnerabilities in the commercial real estate sector

The European Systemic Risk Board (ESRB) recommends improving the monitoring of the commercial real estate (CRE) sector and its financing in the European Economic Area countries. The goal is to identify and assess potential risks to financial stability. If necessary, it recommends taking steps aimed at ensuring prudent practices for CRE financing and strengthening the resilience of financial institutions.

Office buildings at the river Danube embarkment in Bratislava

21 December 2022

Macroprudential Commentary – December 2022

There are growing signs that the financial cycle’s hitherto strong expansionary trend is gradually changing. The upswing in lending is moderating, but some existing loans are becoming riskier. Banks are expected to cope with any potential shock. The countercyclical capital buffer rate remains unchanged.

Wood wall thermometer at 24 degrees Celsius

28 November 2022

Financial Stability Report – November 2022

The source of uncertainty is a combination of elevated inflation, rising interest rates, war, and a weakening economy. This may impair the financial situation of some firms and households as well as the funding structure of banks, while at the same time mitigating the risks associated with rising indebtedness.

Stone landmark at the beach

5 October 2022

Warning of the European Systemic Risk Board (ESRB)

On 22 September 2022, ESRB issued a warning on vulnerabilities in the financial system of the EU. The identified risks pertain to: (i) the deterioration of the macroeconomic outlook, (ii) risks to financial stability stemming from a (possible) sharp asset price correction, and (iii) the implications of such developments for asset quality (including non-performing loans). ESRB calls for microprudential and macroprudential authorities to preserve or enhance this resilience of the financial sector, so that it can continue to support the real economy even if these risks materialise.

7 September 2022

New rules on lending to households

NBS has adjusted the debt-to-income (DTI) ratio limits for loans maturing after the borrower reaches retirement age. It also eased conditions for granting consumer credit for the renovation of family houses under Slovakia’s recovery and resilience plan.

Metal spinning top on a wooden desk

27 May 2022

Other Systemically Important Institutions – May 2022

NBS has set the capital buffer rates specific to ‘other systemically important institutions’ (O-SIIs) in Slovakia. The Bank expanded the list of O-SIIs to include Prima banka and increased the buffer rate for ČSOB.

Stone arch bridge over the river