CZECH REPUBLIC: MOODY'S REPORTS CZECH BANKS ENJOY STRONG GROWTH AND FAVOURABLE ENVIRONMENT.

From: IPR Strategic Business Information Database | Date: August 22, 2007 | Copyright information

The overall outlook for rated Czech banks remains stable as they continue to benefit from parental and systemic support expectations, as well as sound risk profiles underpinned by retail strategies, improved risk management and moderate risk appetite, Moody's Investors Service says in its new Banking System Outlook report for the Czech Republic. The Czech banking sector is also underpinned by strong economic growth and mounting appetite for consumption and borrowings. "In Mo...

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