ECB opines on Basel countercyclical buffer

Central Banking Newsdesk
19 Jan 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The European Central Bank (ECB) has supported the Basel Committee's proposal to use the credit-to-GDP (gross domestic product) ratio as starting point for triggering countercyclical buffers, but cautioned against using the ratio in an overly mechanistic way.

In a document published on its website on Monday, but which was dated Friday, the ECB said the credit-to-GDP ratio was an "appropriate starting reference point" as a guide to calibrating countercyclical capital buffers but that tests

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]