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2 clusters · 15 sources · 10 days · First seen · Last updated

Czech banking sector savings and loan updates

Overview

Financial institutions in the Czech Republic have introduced new products and interest rates for consumers. mBank launched interest-bearing foreign currency accounts in five currencies, including the euro and US dollar, with rates reaching up to 2.61%. This initiative follows survey data indicating that a majority of Czech residents hold foreign currency, yet many of those savings do not currently earn interest.

Komerční banka announced increased promotional interest rates for savings accounts, offering up to 4.2 percent per annum for deposits up to one million CZK for a three-month period. Additionally, the bank has partnered with Modrá pyramida to provide interest-free loans for home renovations focused on energy efficiency. These loans, which can cover costs up to 2 million CZK for comprehensive projects, require assessment by the State Environmental Fund of the Czech Republic to ensure compliance with the ‘Nová zelená úsporám’ program.

Entities

Czech Republic · Tomislav Ćorić · State Environmental Fund of the Czech Republic · Croatian Bureau of Statistics · Eurostat

Timeline

  1. [BUSINESS] 15 sources
    Croatia inflation accelerates to 4.9 percent in November

    Croatia's annual inflation rose to 4.9 percent in November, driven by a 20.7 percent surge in energy costs, marking three months of continuous acceleration.

  2. [BUSINESS] 2 sources
    mBank introduces interest-bearing foreign currency accounts in Czech Republic

    mBank is launching interest-bearing foreign currency accounts in the Czech Republic to help savers earn returns on holdings in currencies like the euro and US dollar.

Sources

bydlet.cz · dalmacijadanas.hr · delo.si · estav.cz · financije.hr · finexpert.e15.cz · finparada.cz · fxstreet.cz · glas-slavonije.hr · ljnovice.si · poslovni.hr · topky.sk · tvjadran.hr · xibaaru.sn · zagorje.com