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Who Does it Benefit?
Buildings savings » Who Does it Benefit?
Building savings began as a way to allow a wide array of people to solve their housing needs in the form of a advantageous savings and loan program. This product is advantageous anybody who is interested in a way to develop their financial resources or whoever wants to help with funding housing related projects for themselves or somebody close to them. In terms of building savings, somebody close is considered to be a direct relative such as a sister, brother or wife or husband.
One of the advantages of building savings is its variability. Building savings banks are able to create basically any kind of regime that responds to the needs of the client and allows them to solve their housing needs and the reliance on their financial resources. Building savings is also beneficial to those with lower incomes as well.
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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.