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Czech National Bank raises countercyclical buffer to 2%

Increase takes effect from July 2020

The Czech Republic's central bank has increased the countercyclical capital buffer (CCyB) for domestic banks to 2%, taking the number of states in the European Economic Area to have raised the measure in the year-to-date to four. 

The decision, announced on May 25, was made in response to the alleged higher vulnerability of the country’s banking sector. The increase will take effect from July

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