SNB may activate capital buffer in 2013

Note: This section contains information in English only.
Source: Bloomberg
Thomas Jordan, President of the Swiss National Bank, said that countercyclical capital buffer might be activated to stem development in real-estate and mortgage markets in 2013. According to the June Financial Stability Report, the mortgage market poses a risk to creditors. Home loans have risen by as much as 300 billion Francs ($313 billion) in 10 years and increased 5.2% to 797.8 billion Francs last year.

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