On 25 May 2022, DNB announced an increase in the countercyclical capital buffer (CCyB) to 1%. DNB now confirms its decision to continue the build-up of the CCyB to 1%. Accordingly, banks with loans outstanding in the Netherlands must to comply with this requirement by 25 May 2023.Read more
DNB modifies the systemic buffer composition in line with the reviewed Capital Requirement Directive (CRD V)
In 2020, DNB modified the composition of the systemic buffer to better align them to the reviewed Capital Requirement Directive (CRD V). The systemic risk buffer (SRB) was abolished, and the buffer for Other Systemically Important Institutions (O-SII buffer) was amended where appropriate.
As of 29 December 2020, consequently, the following O-SII buffers apply: ING Bank (2,5%), Rabobank (2%), ABN AMRO Bank (1,5%), and BNG and de Volksbank (1%).
DNB decided, based on the yearly evaluation, that these buffers remain in force in 2022. CRD V Article 131 as well as Article 105c of the “Besluit prudentiële regels Wft (Bpr)” instruct DNB to evaluate the O-SII buffer at least once a year. This evaluation is conducted by DNB and has not led to changes in the applicable O-SII buffers.