Assets of Czech financial institutions up 6.7% in May 2012.

By bne IntelliNews July 2, 2012
The aggregate assets of Czech monetary financial institutions (MFIs) increased by 6.7% y/y to CZK 4.813n (EUR 188.5bn) as of end-May 2012, easing from a 7.2% growth in the previous month, data from the central bank showed. The data includes the assets of banks and money market funds, excluding the central bank. In monthly terms, assets rose 1%, after edging down by 0.1% in April. The assets of MFIs accounted for 132.8% of the projected full-year GDP as of end-May, according to IntelliNews calculations. External assets were 7.6% higher on the year at CZK 627bn. Loans to residents reached CZK 2.786tn as of end-May, an increase of 3.2%from the same period of 2011.

Related Articles

Czech CSSD proposes 2014 general and European elections to be held together.

Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more

Tesco Czech faces fine for selling products containing undeclared horsemeat

The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more

Czech Senate votes to limit immunity of lawmakers, judges.

The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335