Macroprudential measures – Denmark

The Danish macroprudential authority decided to set a 7% sectoral SyRB on all exposures in Denmark to non-financial corporations operating in the real estate sector. This is an adjustment to a previously notified measure (which, however, had not been activated). The adjustment consists of an exemption for exposures with an LTV (Loan-to-Value) between 0% and 15%.

The Czech National Bank is not reciprocating this measure, as the relevant exposure of domestic banks is immaterial in relation to the materiality threshold. However, the Czech National Bank will continue assessing relevant exposures and stands ready to amend its decision if necessary.

Prague, 14 October 2024