Moody´s: CR’s banking system is healthy and well-capitalised

Published: 19.03.2019 Related countries:  Israel Israel

Czech Republic’s credit profile has A1 rating

Czech Republic’s credit profile (A1 rating) is supported by the country´s economic strength, reflecting its growing wealth levels and economic resiliency. Rating agency Moody’s has stated in its regular rating review that the positive are balanced by very tight labour market, rapid ageing of population and the viability of the export- and manufacturing-centered
growth. The agency evaluates positively the low government debt burden, which is on a declining trend and prudent fiscal policy-making. According to Moody´s, the banking system is healthy, liquid and well-capitalised.

Source: www.cianews.cz

Prepared by the team of CzechTrade Israel