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CNB: Tests in Q3 prove banking sector’s resistance

The results of the stress tests of the banking sector in the Czech Republic, carried out at the end of Q3 2014, prove the banking sector’s sufficient resistance against potential negative shocks. The Czech National Bank (CNB) has confirmed that the entire sector’s capital endowment would stay significantly above the 8% regulatory minimum even in the scenario that foresees hypothetical strong decline of the economic activity in the Czech Republic and abroad.