Credit Crisis To Hit Banking Sector?

November 2007
Emerging Europe Monitor: Central Europe & Baltic States;Nov2007, Vol. 14 Issue 11, p1
Country Report
Country Report
The article provides information on the performance of the banking sector in Czech Republic. According to the article, the sector is expected to continue registering growth rates over the coming quarters, as demand for credit will remain robust. The Czech National Bank (CNB) will raise its two-week repo rate to 3.50 percent by end-2007 and 4.00 percent by end-2008, thus slowing credit demand going forward.


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