CNB ramps up financial stability department role
Central bank “elevates” department in governance structure to reflect growing importance
The Czech National Bank (CNB) “elevated” its financial stability department in its governance structure today (December 19), creating new divisions in a reflection of the department’s growing importance.
“The financial stability department has experienced major changes over the last five years. This process is being symbolically rounded off with its elevation to multi-divisional department status,” said governor Jiří Rusnok.
The financial stability department was formerly part of the economic
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