Czech central bank keeps countercyclical capital buffer at 0.5 pct

March 21, 2016 9:43 AM

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PRAGUE, March 21 The Czech central bank kept its countercyclical capital buffer (CCB) of 0.5 percent unchanged in a quarterly review on Monday after introducing the measure at the end of last year to get ahead of growing lending.

The Czechs became only the third European country to put the measure in place. The rate will be applied on banks from 2017.

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