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Statement from the NBS Bank Board’s 8th meeting of 2020

The Bank Board of Národná banka Slovenska today (17 April) held its 8th meeting of 2020, chaired by NBS Governor Peter Kažimír.

The Bank Board approved a Decision of Národná banka Slovenska amending Decision No 2/2015 of Národná banka Slovenska of 28 April 2015 on the implementation of the Eurosystem monetary policy framework in the Slovak Republic, as amended.

The Decision implements Guideline ECB/2020/21 of 7 April 2020 amending Guideline ECB/2014/31 on additional temporary measures relating to Eurosystem refinancing operations and eligibility of collateral. The Decision also introduces two measures aimed at facilitating the availability of eligible collateral for Slovak banks to participate in Eurosystem credit operations. One of the measures is a reduction in the minimum outstanding amount of credit claims accepted as collateral – from €500,000 to €100,000. The other is a reduction in the frequency of the mandatory submission of external auditors’ reports on the procedures and systems used for the management of credit claims.

Peter Majer
NBS Spokesperson

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

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