Ceska Sporitelna – Ratings Affirmed
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Ceska Sporitelna – Ratings Affirmed
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of C esk a Spo r itelna Bank ( C S) at ‘A’ and ‘A1’, respectively. At the same time, CI Ratings has affirmed C S’ Bank Standalone Rating (BSR) of ‘a-’ , Core Financial Strength (CFS) rating of ‘ a-’ , and Extraordinary Support Level (ESL) of Moderate . The Outlook for the LT FCR and BSR remains Stable.
The affirmation of the ratings and o utlook is primarily driven by CS ’s strong franchise and business strength . CS maintains a high-quality asset portfolio with a low NPL ratio and high provision coverage, reflecting robust asset quality, strong capital ratios, and minimal reliance on external funding. The bank ’ s capital ratios exceed regulatory requirements, providing a solid buffer against…