The Bank of Portugal has maintained the countercyclical capital buffer at 0.75% of total risk exposure from July 1, 2026, extending the rate in place since January 2026. The board decided the quarterly rate after consulting the National Council of Financial Supervisors. The buffer applies to all credit institutions headquartered in Portugal with credit exposures to the domestic private non-financial sector.

Related updates

  • 2026-03-31 Bank of Portugal Portugal

    Bank of Portugal maintains countercyclical capital buffer at 0.75% from April 2026

    The Bank of Portugal has maintained the countercyclical capital buffer at 0.75% of total risk exposure from April 1, 2026, continuing the rate in force since January. It applies to Portugal-headquartered credit institutions with exposures to the domestic private non-financial sector.

  • 2025-12-30 Bank of Portugal Portugal

    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.