New macroprudential measures adopted to strengthen the resilience of the banking sector

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The Council of the National Bank, in the direction of further strengthening the resilience of the banking sector, made a decision to introduce macroprudential measures for the quality of credit demand, in accordance with European practice.

According to the assessments of the board of the central bank, the exposure of the banking system to risks is moderate, and the conducted stress-testing shows satisfactory resistance of the banking system to the simulated shocks.

The liquidity of the banking system is at a satisfactory level, and the solvency improved in 2022, with the capital adequacy ratio reaching the highest level for the last ten years, at 17.7%.

The quality of the loan portfolio has improved considering the reduction of total non-performing loans and their share in total loans to the historically lowest level of 2.9%. The share of non-performing loans in total loans decreased in both sectors, and amounts to 3.9% in the portfolio of corporate loans and 1.9% in the loan portfolio composed of households.

“However, given the uncertain environment, further prudent behavior is necessary,” said the NBRM.

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