Czech National Bank unveils stress-test results


The financial stability department of the Czech National Bank today released the results of a stress-test exercise, which showed the banking sector in the country is sound.

"The results of stress tests of the Czech banking sector performed using data available as of 2011 Q4 still show that the banking sector is resilient to potential adverse shocks," said the central bank.

The results showed that even in a "significantly adverse stress scenario combining negative developments in the domestic and

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