The Bank of Portugal has set the countercyclical capital buffer (CCyB) rate at 0.75%, applicable to credit institutions from 1 January 2026, consistent with what it had announced at the end of 2024. The quarterly reviewed CCyB rate applies to all credit institutions headquartered in Portugal with credit exposures to the private domestic non-financial sector. The decision was taken by resolution of the Bank of Portugal’s Board of Directors following consultation with the National Council of Financial Supervisors, and is published on the Bank of Portugal’s website alongside the supporting analysis, indicators and methodology, as well as information on CCyB rates applicable to exposures to European Union and European Economic Area Member States.
Bank of Portugal 2025-12-30
Bank of Portugal sets countercyclical capital buffer rate at 0.75% from 1 January 2026
The Bank of Portugal has set the countercyclical capital buffer (CCyB) rate at 0.75%, effective from 1 January 2026 for credit institutions with domestic private sector exposures. This decision, consistent with the 2024 announcement, follows consultation with the National Council of Financial Supervisors and is detailed on the Bank's website.