Czech banks have no key ties to Credit Suisse, cenbank's Frait tells Hospodarske Noviny

Kitco Media
By Reuters
Published:
Updated:
Reuters
PRAGUE, March 20 (Reuters) - Czech banks have no significant ties to Credit Suisse , central bank Vice-Governor Jan Frait was quoted as saying, adding he saw risks to domestic lenders and their clients as small and negligible. "I am absolutely certain that domestic banks do not have significant financial ties to Credit Suisse in the sense that they borrow from this bank or deposit money," Frait told Hospodarske Noviny in an interview published on Monday.



(Reporting by Jason Hovet Editing by Bernadette Baum)

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