Bulgaria relaxes capital adequacy rules
The Bulgarian National Bank on Thursday relaxed two of its capital adequacy rules in a bid to lift some of the pressure on domestic banks and push further in its adoption of countercyclical capital measures, which began last year.
The central bank slashed the risk weight of retail exposures from 100% to 75% and the risk weight for exposures secured by real estate from 50% to 35%. "The changes aim to harmonise the national requirements with those of the European Union legislation" and were fully
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