Central Bank maintains countercyclical buffer at 1.5 percent

3 sourcesFirst reported 22 days agoUpdated 22 days ago

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The Central Bank of Cyprus has set the CCyB rate at 1.5 percent.
This rate will remain unchanged with an application date of January 14, 2026.
The decision is in line with macroprudential oversight responsibilities established since 2015.
This buffer aims to enhance the resilience of the banking sector against systemic risks.

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The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 percent. This decision was announced on June 29, 2026, and reflects the bank's assessment that the current level of capital protection is suitable for ensuring the stability of the Cypriot financial system.

The buffer rate of 1.5 percent will take effect on January 14, 2026, as part of the Central Bank's responsibilities under the macroprudential supervisory framework. The CBC's decision underscores its commitment to monitoring and managing potential risks within the financial sector.

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Central Bank maintains countercyclical buffer at 1.5 percent

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