Macroprudential Commentary – March 2022
13 May 2022
As lending has gathered pace, so imbalances have been rising
The countercyclical capital buffer rate remains at 1.0%
If current trends continue, Národná banka Slovenska will in the next quarter consider raising the buffer rate
Read about the following in the latest Macroprudential Commentary:
- Tensions are rising in the credit and property markets, together with signs of risk underestimation.
- With inflation rising and interests at low levels, households are borrowing more and saving less.
- Firms increasingly need loan financing for their working capital growth and for investment purposes.
- Neither banks nor firms have so far been significantly affected by the war in Ukraine. Adverse effects may, however, come later.
- Despite falling slightly early in 2021, the banking sector’s capital position has remained adequate.
Also in this edition:
- The war in Ukraine’s potential impact on the financial sector (Box 1, page 6)
- Twelve European countries already have a non-zero CCyB rate (page 9)
Key indicators as at February 2022:
| Growth in loans to households: | 9.5% |
| Growth in housing loans: | 11.8% |
| Growth in consumer credit: | -4.2% |
| Non-performing loan ratio for household loans: | 2.1% |
| Growth in loans to non-financial corporations: | 4.5% |
| Non-performing loan ratio for NFC loans: | 3.1% |
Macroprudential Commentary (PDF)
Countercyclical capital buffer indicators
Macroprudential Commentary indicators
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