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
Czech building societies raise lending by 1 pct in Jan- April
15. 05. 2012 - Prague, May 15 (CTK) - Building societies in the Czech Republic granted loans worth almost Kc13.2bn in January-April this year, a year-on-year growth of nearly 1 percent, according to results of all the five building societies in the country.
Universal banks to start offering building savings
23. 04. 2012 - Prague, April 23 (CTK) - As of 2015, regular banks are going to start offering building savings under different conditions than the already existing building societies. The new law was approved during todays government session. The majority of large banks in the Czech Republic currently offer some kind of building savings within their group, with the exception being UniCredit Bank. State support, as well as the amount of benefits provided by the state shouldnt change according to the Ministry of Finance. Currently, the maximum amount of state support is 2000 CZK per year.
Building societies raise lending by 2 pct to Kc 9bn in Q1
16. 04. 2012 - Prague, April 15 (CTK) - Building societies in the Czech Republic provided loans worth Kc 9.2bn in Q1 2012, up 2 percent year on year, but the number of newly signed contracts decreased by almost 108,000 to 155,000, according to results of all the five building societies made available to CTK.
Building societies in CR raise lending volume by 56 pct in Jan
28. 02. 2012 - Prague, Feb 26 (CTK) - Building societies in the Czech Republic granted loans worth Kc3.1bn in January, a year-on-year growth of more than a half, according to results of all the five building societies which CTK has obtained.
Interest in home-building savings falls in Q1-3
10. 10. 2011 - Prague, Oct 10 (CTK) - Building societies in CzechRep provided loans worth Kc33.6bn in Q1-3 this year, nearly Kc12.1bn lower than a year earlier, and interest in new home-building savings contracts and raising of target amounts is also decreasing, data from all the five Czech building societies show.
Czech building societies lending drops 28 pct in Jan-July
23. 08. 2011 - Prague, Aug 21 (CTK) - Czech building societies granted loans worth more than Kc 25.5bn in January-July this year, a year-on-year drop of 28 percent, according to data from all the five building societies operating in the Czech Republic.
Vitejte na www.acss.cz
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.