...Standalone Strength Drives Ratings: Ceska Sporitelna's Issuer Default Ratings (IDRs) and Viability Rating (VR) reflect its conservative risk appetite, strong capitalisation, stable funding based on customer deposits and ample liquidity. Healthy asset quality and solid through-the- cycle profitability are underpinned by an established domestic franchise, consistent strategy and supportive operating environment. Ceska's Stable Outlook reflects broadly balanced risks for its credit profile. Parent Support Highly Probable: Ceska's Support Rating reflects a high probability of support from its parent, Erste Group Bank AG (A-/Stable). Ceska is an integral component of Erste's business, as the bank provides banking products and services in Erste's core market. Ceska's synergies with Erste are strong and are underpinned by long records in supporting Erste's objectives, which is likely to continue, as well as a high level of management and operational integration. Conservative Risk Appetite: Ceska's...
