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Building Savings in 2010
Press center » Annual reports » Building Savings in 2010
The results for 2010 have confirmed again that people trust building savings scheme and rely on it as an irreplaceable source of money to finance their living. In spite of that, we are still forced to justify its substance and repeatedly refer to its obvious contribution not only to increasing the quality of housing but to the economic system as a whole.
The state contributes to the system, although less and less. However, this investment is returned to the state in form of tax revenues. Building savings is a product which enables virtually everyone to obtain very cheap housing loans. We have not even markedly contradicted the fact that in the time of general economic slump building savings can also disburden the state budget.
In 2010 we also learned that the aim was not only to adjust building savings but thereby also to reduce the expenses of the state. The aim is to limit the product markedly. Therefore measures are sought which seem reasonable at first sight but in the upshot they obstruct building savings as a system.
Soubory:
- Building Savings in 2010 - [PDF]
- Bausparen im Jahr 2010 - [PDF]
- Stavební spoření v roce 2010 - [PDF]
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.