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Czech Banking Industry Is “Healthy”

Published: October 31, 2013; 06:24 · (Vindobona)

According to the Czech banking association (CBA), the Czech banks are well equipped with capital.

Czech Banking Industry Is “Healthy” / Picture: ©

In general, the Czech banking sector is stable, President of CBA Pavel Kavanek said. The health and capital equipment of the Czech banking sector are on a high level, Kavanek stated and referred to the traditional business model. In the Czech Republic, the NPL quota only comes at 6%.

At the moment, the Czech banking sector has a loan-to-deposit ratio of 75%. Moreover, lending is…

This article includes a total of 137 words.

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