Currently applicable macroprudential measures in Latvia:
| Measure | Rate | Effective date |
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0% 0.5% 1% |
01.05.2022 18.12.2024 18.06.2025 (decision adopted on 18.12.2023) The need to change the previous decision is reviewed on a quarterly basis |
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Capital buffer for other systemically important institutions (O-SIIs) |
Swedbank Baltics AS – 2% |
20.12.2023 (decision adopted on 18.12.2023) Reviewed on an annual basis |
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90% for all loans to consumers exceeding 100 minimum wages and secured by a mortgage on real estate |
12.06.2007 |
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95% for loans secured by a mortgage on real estate and state guarantee in accordance with the Law on Assistance in Solving Apartment Matters |
25.09.2014 |
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70% for buy-to-let housing loans or other housing loans generating income as a result of real estate activities (the tolerance margin may not exceed 10% of the institution's newly granted loans to natural persons in a quarter)** |
01.06.2020 amendments** are in force as of 01.01.2024 (adopted on 18.12.2023) |
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Debt service-to-income (DSTI) (the total monthly amount of debt payments to financial institutions to the borrower's monthly net income) |
40% 45%** to loans for obtaining energy efficient housing |
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Debt-to-income (DTI) ratio |
6 times 8 times** to loans for obtaining energy efficient housing |
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30 years for housing loans, 7 years for consumer loans |