-
NBS Tasks
Browse topics
- Monetary policy
- Financial market supervision
- Financial stability
- Banknotes and coins
- Payments
- Statistics
- Research
- Legislation
-
Publications
- Activity Report of the NBS Innovation Hub Annual Report Carbon Footprint Report of NBS Climate-related disclosures of NBS non-monetary policy portfolios Economic and Monetary Developments Financial Stability Report Investment Policy Statement of the National Bank of Slovakia Macroprudential Commentary
- Policy Briefs Report on the Activities of the Financial Market Supervision Unit Research Papers: Working and Occasional Papers (WP/OP) Statistical Bulletin Structural Challenges Other publications Sign up for your email notifications about publications
- About the Bank
- Media
- Frequently asked questions
-
For the public
Browse topics
- About the Bank
- Exchange rates and interest rates
- Banknotes and coins
- Payments
- Financial stability
- Financial market supervision
- Statistics
- Legislation
-
Publications
- Activity Report of the NBS Innovation Hub Annual Report Economic and Monetary Developments Financial Stability Report Macroprudential Commentary
- Report on the Activities of the Financial Market Supervision Unit Research Papers: Working and Occasional Papers (WP/OP) Statistical Bulletin Other publications Sign up for your email notifications about publications
- Frequently asked questions
- Media
- Careers
- Contact
Macroprudential Commentary
An overview of current trends with an emphasis on cyclical risks. It supports decisions on the setting of the countercyclical capital buffer rate.
Macroprudential Commentary – September 2025
The financial cycle continues to recover, driven mainly by the credit market. The upturn is not associated with an excessive build-up of risks. Nevertheless, uncertainty about the economic outlook, both domestically and abroad, remains elevated. Banks continue to be profitable and well capitalised. The countercyclical capital buffer rate is unchanged.
-
Macroprudential Commentary – June 2025
Signs of recovery are now visible in multiple components of the financial cycle. The continuing gradual decline in interest rates has stoked demand for mortgage loans and corporate loans. Nevertheless, uncertainty remains heightened owing to trade policy developments, geopolitical risks, and weakening global demand.
-
All editions