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History of ACSS

ACSS »  History of ACSS

The Association of Czech Building Savings Banks (ACSS) was founded on June 29th, 2000. The main motivation for creating it was the protection and support of the common values of building savings banks that operate on the Czech financial market.

Through ACSS's years of informal cooperation with the individual members within the framework of working groups, it tried to implement common goals and support the discussing of problems of housing and its financing.

Since its inception, the Association has been made up of all six building savings banks on the Czech market.

Transition to Professionalism

During its relatively short existence, ACSS has already made it quite a long way. It is continually becoming a more and more professional organization which was shown by changed in is organizational structure in 2005. Currently, ACSS has administrative bodies, a headquarters and legal advisors. Because of this, it is clearly amongst similar types of modern and standard organizations.

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