The Board of the Central Bank’s decision “On the Approval of the Regulation on Requirements for the Capital Adequacy of Banks” was registered with the Ministry of Justice on 28 October 2025 under registration number 3697.
It is noteworthy that, within the framework of the Financial Sector Assessment Program (FSAP) carried out in 2024–2025, the existing requirements for banks’ capital adequacy were assessed for compliance with the Basel Committee’s Core Principles for Effective Banking Supervision, including Core Principle 16 (Capital Adequacy). The assessment yielded a number of recommendations.
Against this background, and with the objectives of safeguarding banks’ financial stability, strengthening their resilience to stress events, and further harmonizing capital adequacy requirements with the Basel III framework, the present Regulation has been developed.
Under the Regulation, the quantitative and qualitative criteria applied to the components of regulatory capital have been revised, specifically with respect to Common Equity Tier 1 (CET1), Additional Tier 1 (AT1) and Tier 2 capital. In addition to baseline regulatory capital requirements, the Regulation introduces capital buffers, including a capital conservation buffer, a countercyclical capital buffer, and buffers for systemically important banks.
Calculations for credit, market and operational risk have been enhanced in line with Basel III requirements. At the same time, eligibility criteria and requirements for collateral instruments intended for credit risk mitigation have been formalized.
The Regulation also envisages a simplified regime for establishing capital adequacy requirements applicable to microfinance banks.
The adoption of this Regulation is intended to further increase banks’ resilience to unexpected shocks and to contribute to the preservation of the overall financial stability of the banking system.
The full text of the Regulation can be consulted via the link provided.
