CCyB rate on exposures located in the Republic of Cyprus
• Current applicable rate: 1,5%
Most recent update:
17 March 2026: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer rate unchanged at 1,5%, with effect as from 14 January 2026.
The CBC, in accordance with the provisions of the Macroprudential Oversight of Institutions Laws of 2015 to 2022, deemed appropriate to maintain the CCyB rate at 1,5%, which is the rate adopted as per the decision of the CBC announced on 14 January 2025. The said rate will be effective as from 14 January 2026.
The summary table of the quantitative indicators used by the CBC in its relevant quantitative analysis, including the credit-to-GDP ratio and its deviation from the long-term trend (Credit-to-GDP gap), is set out in this file.
Additional information on the CCyB, which has been set on a quarterly basis, effective from 1 January 2016, as well as on the buffer guide, is provided in this file.
Frequently Asked Questions: click here
Previous announcements in relation to the CCyB rate:
12 December 2025: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer rate unchanged at 1,5%, with effect as from 14 January 2026
29 September 2025: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer rate unchanged at 1,5%, with effect as from 14 January 2026
26 June 2025: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer rate unchanged at 1,5%, with effect as from 14 January 2026
31 March 2025: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer rate unchanged at 1,5%, with effect as from 14 January 2026
14 January 2025: The Central Bank of Cyprus (CBC) decided to increase the CCyB rate from 1,0% to 1,5%, with effect as from 14 January 2026
30 September 2024: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer (CCyB) rate unchanged at 1,0%, with effect as from 2 June 2024
1 July 2024: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer (CCyB) rate unchanged at 1,0%, which is effective as from 2 June 2024
29 March 2024: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer (CCyB) rate unchanged at 1,0% with effect as from 2 June 2024
20 December 2023: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer (CCyB) rate unchanged at 1,0%, with effect as from 2 June 2024
6 October 2023: The Central Bank of Cyprus (CBC) leaves the countercyclical buffer (CCyB) rate unchanged at 1,0%, with effect as from 2 June 2024
2 June 2023: The Central Bank of Cyprus decided to raise the CCyB rate from 0,5% to 1,0%, with effect as from 2 June 2024
11 April 2023: The Central Bank of Cyprus leaves the CCyB unchanged at 0,5% with effect as from 30 November 2023
1 December 2022: The CCyB rate is increased from 0% to 0,5%, with effect as from 30 November 2023
Current CCyB rates in Europe as per the ESRB website and worldwide as per BCBS:
ESRB Website - Countercyclical capital buffer in EU
BCBS - Countercyclical capital buffer (CCyB) worldwide