Czech Banking Association

Central banker: Crisis is at two thirds of its length

Prague, Oct 6 (CTK) - The current crisis is in about two thirds of its length in the best case, Czech National Bank (CNB) Vice-Governor Miroslav Singer said at the Zofin business forum Tuesday. The volume of unpaid loans of...

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ČNB cuts interest rates to record low

ČTK The Czech National Bank's governing board yesterday cut interest rates by a quarter percentage point and the benchmark rate thus fell to 1.25%, the lowest level ever, ČNB spokesman Marek Petrus told ČTK.

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Czech banks raise Q1-3 profit by 12%

Prague, Dec 1 (CTK) - Czech banks saw their profits increase by 12 percent year-on-year to nearly Kc37bn in the first three quarters of this year in spite of the current global financial crisis, the Czech National Bank (CNB)...

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Last week's events - 5 June-11 June

Politicians arrived to ballot boxes dressed in casual clothes, read a headline in Saturday's Právo – both ČSSD head Jiří Paroubek and ODS leader Mirek Topolánek were wearing jeans and leather jackets while going to cast their...

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RAK FTZ delegation popular in Czech Republic

A Ras Al Khaimah Free Trade Zone (RAK FTZ) high level delegation visited the Czech Republic this month as part of a strategic worldwide plan to attract more investors to Ras Al Khaimah. Headed by RAK FTZ Chairman His Highness...

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