CNB Underlines Stability of Czech Banking Sector

Business › Economy ♦ Published: December 5, 2012; 21:14 ♦ (Vindobona)

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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