Moodys Investors Service is maintaining its stable outlook on the Czech banking system, reflecting the rating agencys view that a favourable operating environment will support the countrys banks. The outlook expresses Moodys expectation of how bank creditworthiness will evolve in the Czech Republic over the next 12-18 months.
Moodys report, entitled "Banking System Outlook: Czech Republic: Economic and Employment Growth Will Support Loan Demand," is available on www.moodys.com. Moodys subscribers can access this report via the link provided at the end of this press release.
"Household spending, rising employment and low funding costs in the Czech Republic will support debt servicing and credit demand into 2018, creating favourable conditions for the countrys banks," says Arif Bekiroglu, Assistant Vice President and Analyst at Moodys.