The Board of the Financial Supervisory Authority (FIN-FSA) has decided to keep the loan cap, i.e. the maximum loan-to-collateral (LTC) ratio, unchanged. The loan cap was adjusted last year by lowering the maximum LTC ratio for new residential mortgage loans other than first-home loans by 5 percentage points, to 85%. The Board has also decided to keep the countercyclical capital buffer (CCyB) requirement for banks at its standard level.
