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| CNB: Financial sector resistant to shocks but mortgages represent risk |
| Prag, 14.06.2017 |
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| The Czech financial sector remains highly resistant to shocks, the Czech National Bank says in its 2015/2016 Report on Financial Stability published on Tuesday. Stress tests on Czech banks confirmed their ability to handle even a deep recession and increased losses on loans. However, the central bank says there is genuine risk surrounding mortgages, with the danger of a property price and loans spiral continuing. Meanwhile, the CNB has raised the compulsory credit reserve for all banks, savings banks and securities traders from 0.5 percent to 1.0 percent, a decision that will take effect in mid-2018.
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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