Introduction
Search
News
ACSS Advises: Home-Building Savings Contracts Not Expiring
05. 09. 2008 - ACSS advises: Home-building savings contracts signed in 2003 remain in full force and effect regardless of the expiration of the five-year saving phase. All contracts are still valid, and clients can still continue to save if they have the space available within their target amount. They can also request a loan, either a bridging loan, or a building savings loan.
CLIENTS OF BUSINESS SAVINGS BANKS WON´T BE AFFECTED BY THE CRISIS
24. 09. 2008 - Despite the current crisis, savings that clients have with building savings banks are safe. Building savings is one of the safest ways to save which isn´t dependent on the developments in the rest of the market. This is also due to the fact that there is state support provided to building savings banks which is one of the reasons that building savings loan interest rates are amongst the lowest long term. Building savings also contributes to the overall immunity of the domestic economy to negative effects from foreign markets. More information can be found in the response by Vojtěch Lukáš, the Chairman of ACCS.
Czech building societies grant loans worth 44.6 bn in Jan-July
18. 08. 2008 - As CTK wire agency has informed last week Czech building societies granted loans worth almost Kc 44.6 bn in January-July, a year-on-year growth of 20 percent, data from the societies have shown.
ACSS
The Association of Czech Buildings Savings Banks in the Czech Republic (ACSS) comprises six buildings savings banks. It was founded on June 29, 2000, with the aim of supporting the joint interests of the buildings savings banks operating in the Czech Republic. It thus continued a long-term informal co-operation among the financial institutions.
You can get more information about the ACSS here.