C eskoslovensk a obchodn i banka – BSR Outlook Revised to Stable; Ratings Affirmed
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R ef: CZ00 2 2 4PBK 00- 0 1 12 November 202 4
C eskoslovensk a obchodn i banka – BSR Outlook Revised to Stable; Ratings Affirmed
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook for the Bank Standalone Rating (BSR) of Ceskoslovenska obchodni banka (CSOB ) to Stable from Negative. The Bank’s BSR has been affirmed at ‘a’. At the same time, CI Ratings has affirmed the Bank’s Long-Term Foreign Currency Rating (LT FCR) of ‘A’ with a Stable Outlook, Short-Term Foreign Currency Rating (ST FCR) of ‘A1’, Core Financial Strength (CFS) rating of ‘a ’ and Extraordinary Support Level (ESL) of High .
The revision of the BSR Outlook to Stable is supported by CSOB’s Basel III leverage ratio, which comfortably exceeds the 3% regulatory requirement . The bank’s equity level remains resilient despite substantial dividend payouts, with CET1 and Tier…