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NBS: Developments abroad, credit default main risks for banks

June 2nd, 2020

Negative developments abroad in terms of the coronavirus pandemic, credit default and a possible worsening when it comes to financing the economy are the main risks for the financial sector in Slovakia specified in a financial stability report published by Slovakia's central bank (NBS) on Tuesday. According to NBS, banks in Slovakia are entering a crisis with weakened profitability but a very strong capital position.


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