Support Ukraine Here

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Czech News in English » Business » ČMSS entered into loan contracts worth CZK 17.3bn in 9M 2017

ČMSS entered into loan contracts worth CZK 17.3bn in 9M 2017

Share on facebook
Share on twitter
Share on linkedin
Table of Contents


Construction savings bank Českomoravská Stavební Spořitelna (ČMSS) raised the value of loans extended in 9M 2017 by 7% y/y to CZK 17.3bn.

ČMSS entered into 21,000 loans averaging over CZK 800,000. ČMSS’ board of directors chairman Jochen Maier has stated that the demand for big loans for property purchase is growing moderately. The demand for smaller loans for reconstructions and/or modernisations is growing more significantly at the pace of almost 50%.

Demand for new construction savings contracts has increased as well. In September, ČMSS exceeded the level of 100,000 newly signed contracts year-to-date.

most viewed

Subscribe Now