Introduction
Dear visitors of the English version of the ACSS website. If you walk through the Czech original, immediately discover that the English section is succinct. This is so because it aims to bring all the visitors basic information about building savings in the Czech Republic. We believe that the basic orientation in matters of the Czech building society and business associations, will provide the web. If you have additional questions, please use the contacts listed here.
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News
Irreplaceable role confirmed
21. 05. 2010 - (Bankovnictví) - The financial crisis has shown that building savings not only benefits individuals but also the government. That is to say, it works in a countercyclical fashion, and when looking at the real data, it is clear that building savings had sustained the housing loan market at an acceptable level.
Building Savings in 2009 - Yearbook
13. 05. 2010 - The Association now publishes a regular publication that summarizes developments in the sector last year. Did you know that the building savings showed in comparison to the other credit products significantly more resistant to fluctuations in the economy? You can read more in our yearbook.
Czech building societies see Q1 loans volume up by 4 pct yr/yr
10. 05. 2010 - Czech building societies granted loans worth Kc14bn in Q1 this year, up 4 percent year-on-year, according to data from building societies CTK has obtained.
Vojtěch Lukáš ACSS Chairman Again
01. 04. 2010 - The next two years to lead the Association of Czech Building Saving Societies Vojtěch Lukáš, who is also a member of Stavební spořitelna České spořitelny. Defended its position in the elections, which were the first in April.
Czech building societies` lending 11 pct lower in 2009
23. 01. 2010 - Prague, Jan 21 (CTK) - Czech building societies provided Kc66.4bn worth of loans last year, which is a year-on-year decrease of over 11 percent, according to the building societies` results which CTK has at its disposal. Interest in new home-building savings contracts also weakened last year.
Building Saving and "Green for Efficiency" Subsidy Program Can Go Together!
20. 05. 2009 - Ten billion crowns for this year and fifteen billion for next year are allocated in the "Green for Efficiency" subsidy program for environmental investments, thermal insulation, installation of solar panels, and replacement of water boilers. We spoke to Michal Uryc from the State Environment Fund and asked him whether the subsidy can be combined with building saving.
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We are your adviser in the world of building savings.
The Association of Czech Building Societies in the Czech Republic (ACSS) comprises five building savings banks. It was founded on June 29, 2000, with the aim of supporting the joint interests of the building 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.
NOT TO OMIT
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. You can read more here.