Komercni Banka – Ratings Affirmed
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Summary
Ref: CZ00 4 2 4PBK 00- 0 1 1 November 2024
Komercni Banka – 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 Komer c n i Banka a.s . (KB) at ‘A’ and ‘A1’, respectively. At the same time, CI Ratings has affirmed KB’s Bank Standalone Rating (BSR ) of ‘a-’ and Core Financial Strength (CFS) rating of ‘a-’. The Outlook for the LT FCR and BSR remains Stable. The Extraordinary Support Level (ESL) of High is affirmed.
The affirmation of the ratings is underpinned by KB ’ s solid capitali s ation, robust liquidity metrics, and a low NPL ratio. However, the Bank faces challenges from rising funding costs, profitability pressures due to rising wage costs , and sectoral concentration risks within the Czech real estate and…