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Czech building societies see lending, contract numbers fall
News » Czech building societies see lending, contract numbers fall
Prague, June 14 (CTK) – Building societies in the Czech Republic granted loans worth almost Kc18bn to clients in January-May, a year-on-year decrease of 29 percent, according to data from the five largest Czech building societies.
Building societies signed more than 355,000 new contracts in January-May, a year-on-year drop of 7,000. Two building societies registered a year-on-year growth in the number of newly signed contracts, while the rest of them saw a drop in new contracts.
You can read more: here
Vitejte na www.acss.cz
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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.