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EBS - Erste Bank AG News Story

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Sector
Financials
Size
Large Cap
Market Cap £7.11bn
Enterprise Value £4.17bn
Revenue £7.55bn
Position in Universe 120th / 1033

Czech central bank cuts banks' capital buffer rate again

Thu 18th June, 2020 3:17pm
PRAGUE, June 18 (Reuters) - The Czech National Bank cut the
countercyclical capital buffer rate for banks on Thursday for
the second time since the end of March, seeking to bolster a
sector key to reviving an economy hit by the coronavirus
outbreak.
    The central bank cut the extra buffer rate to 0.5% from 1%,
with effect from July. 

    

 (Reporting by Jason Hovet and Robert Muller
Editing by David Goodman
)
 ((jason.hovet@thomsonreuters.com; +420 234 721 613;))
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