Lending of Czech building societies up 56% in Jan 2012.

By bne IntelliNews February 27, 2012
The Czech Republic's five building societies provided CZK 3.1bn (EUR 124mn) in loans in January 2012, which is an annual increase of 56%%, CTK newswire reported. The number of new loans fell almost 100,000 to 49,801. CMSS was the largest building society by value of provided loans, with CZK 2.01bn worth of loans, up 143% y/y. Second ranked Raiffeisen Stavebni Sporitelna with CZK 422mn worth of loans, up 21% y/y. Modra Pyramida came third with loans of CZK 356mn, down by 20% y/y. At early-November the lower house of the parliament overrode the Senate's veto and gave the final approval to a CZK 2,000 tap on state support for home-building savings and taxing of interest on such savings.

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
Dismiss