27 March 2020 – Reduced capital conservation buffer

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Financial markets and monetary policy
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Banco Central Do Brasil reduced the rate of the Capital Conservation Buffer from 2.5% to 1.25% of RWA through March 2021.
Full details here: https://www.bcb.gov.br/en/pressdetail/2322/nota