Czech banks remain resilient to risks

30-08-2010

The Czech banking sector would not be jeopardised even in the case of very unfavourable economic and financial development, the central bank said on its website referring to the outcome of new stress tests in August. The banking sector´s capital adequacy would remain above 8 percent, the minimum required by the central bank, in all scenarios of potential economic development. Capital adequacy of the banking sector reached nearly 15 percent at end-June.