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Slovakia's finances stable despite pandemic

November 30th, 2020

Despite the significant impact of the coronavirus crisis on the domestic economy, Slovakia's financial sector remains stable, according to the financial stability report presented at a news conference by Slovakia's central bank (NBS) representatives on Monday. Banks are entering the crisis with a strong capital position. Although their profitability will be significantly weakened by the crisis, banks will be ready to cope with a significantly negative stress scenario, NBS said.


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