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CNB Underlines Stability of Czech Banking Sector
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According to CNB, the banking industry is able to bear potential external shocks.
CNB Underlines Stability of Czech Banking Sector / Picture: © Czech National Bank
At the end of the third quarter of 2012, CNB carried out a survey among Czech banks. CNB explains that the Czech banking sector is able to retain the minimum equity quota of 8.0% even in case of substantial external shocks. Such a scenario could be the the escalation of the economic crisis in the Eurozone, CNB says.
The stress scenario would contain a slump in the economic…
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