UPDATE 1-Swedish FSA eyes June hike of counter cyclical bank buffers

April 21, 2015 6:53 AM

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STOCKHOLM, April 21 (Reuters) - Sweden's financial watchdog said on Tuesday it would consider raising the counter cyclical buffer value for the Nordic country's banks from the current level of 1 percent.

The FSA said in a statement on its website that the work ahead of the next decision on capital buffers, which is due in June, would be structured so as to allow the value to be raised if deemed necessary.

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