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Risks for CEE Banks Arising from Eurozone Crisis Remain Significant – Fitch


14.5.2012 13:45:00 | Author/Source www.seenews.com

Global rating agency Fitch said on Monday that the risks for Central and Eastern European (CEE) banks arising from the eurozone crisis remain significant and that asset quality is still vulnerable in several of the region's markets.

The ratings agency said in a statement that risks arise from the region's export dependence, bank ownership and potential currency weaknesses in case of further eurozone stress.


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