The Central Bank of Iceland has published the minutes of the Financial Stability Committee’s 24–25 March 2025 meeting, where the Committee decided to maintain the countercyclical capital buffer (CCyB) at 2.5% following its assessment of financial stability risks and the resilience of financial institutions. The Committee discussed risks related to economic developments, domestic financial markets, household and corporate debt, and the real estate market, alongside the efficacy of borrower-based measures and banks’ capital and liquidity positions. The minutes note that the last CCyB change was decided in March 2023 and took effect in March 2024, leaving the buffer rate at the upper end of the Committee’s stated neutral range of 2–2.5%.