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Czech Banking News. Service for global professionals. Constantly updated news and information about Czech.
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Latest Czech Banking News

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  • Czech PM proposes central bank chief for EC job 8 Nov 2009 16:54 GMT
    ... 49, has won international acclaim for steering Czech monetary policy in the past decade. His second ... in the global financial crisis, with no banks requiring state aid. The bank's spokesman said he ...

  • WB: 20-year market reforms in Europe and Central Asia deprived them of future 7 Nov 2009 10:50 GMT
    ... financing and coordination by Western European parent banks to maintain their exposures in Central and Eastern ... Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, FYR Macedonia, Georgia, Hungary, Kazakhstan, Kosovo, ...

  • Mortgage brokers wary of 2010 5 Nov 2009 11:59 GMT
    ... Banks may tighten lending conditions again after 2009 ... real estate or insurance coverage in the Czech Republic. Board member Pavel Jileček sat down with The Prague Post to explain why would-be homeowners are having ...

  • Setting up shop in the Czech Republic 5 Nov 2009 11:59 GMT
    ... » Setting up shop in the Czech Republic Setting up shop in the Czech ... to establish a life or business in Prague. Van de Munt sat down with The ... most with when it comes to personal banking in the Czech Republic? This depends on ...

  • DIARY - Czech Republic - to December 16 6 Nov 2009 07:37 GMT
    ... items marked * ALL TIMES GMT (Note: Czech Republic GMT+1) See below for full macroeconomic ... Czech indicators, click on. FRIDAY, November 6 PRAGUE - The lower house of parliament to continue ... November 17 CZECH REPUBLIC - National holiday. Banks and markets are closed. WEDNESDAY, November 18 ...

  • UPDATE 1-Czech Komercni Q3 net down, loan risk cost rises 4 Nov 2009 08:20 GMT
    ... (Adds quote, overall cost of risk, background) PRAGUE, Nov 4 (Reuters) - Czech lender Komercni Banka ( ) said third-quarter ... retail segment lagging the recovery in corporate banking due to rising unemployment. Shares in Komercni ...

  • UPDATE 2-Czech Komercni's Q3 net hit by loan risk cost 4 Nov 2009 12:14 GMT
    ... PRAGUE, Nov 4 (Reuters) - Net profit at Czech lender Komercni Banka fell 23 percent in ... foreign currency loans, said it expected its banking income to stabilise 'We don't see much ...

  • The survival of Russian retail banking 6 Nov 2009 04:34 GMT
    ... The Russian retail banking sector has survived the crisis largely intact, ... would need to recapitalise many privately owned banks. But with oil bouncing back towards $70 ... most active consumer loan firms in Russia, Czech-owned Home Credit & Finance, also launched deposit ...

  • HIGHLIGHTS-Czech c.bankers leave rates flat, some wanted cut 5 Nov 2009 16:16 GMT
    ... PRAGUE, Nov 5 (Reuters) - The Czech central bank kept interest rates unchanged on Thursday, in line with analysts' forecasts, after ...

  • Research and Markets: Colombia Commercial Banking Report Q4 2009 - Includes Independent Forecasts and Competitive 2 Nov 2009 15:33 GMT
    ... the addition of the " Colombia Commercial Banking Report Q4 2009 : " report to ... the region as the major Western European banks removing credit and capital from Central and ... the top 'new' EU member is the Czech Republic, at 64.5 (24th). Coming close to the ...

  • EMERGING MARKETS-Stocks up 1 pct, Czech crown at 4-wk high 6 Nov 2009 13:57 GMT
    ... up 1 pct, debt spreads unchanged * Czech crown hits 4-week high vs euro on stable ... tone is supportive, particularly after major central banks such as the Fed signalled that they ... economic stimulus. G20 finance ministers and central bankers start a two-day meeting in St Andrews, ...

  • Research and Markets: This Latest Q4 2009 Australia Commercial Banking Report Provides Independent Forecasts and 5 Nov 2009 12:14 GMT
    ... the addition of the " Australia Commercial Banking Report Q4 2009 : " report to ... the region as the major Western European banks removing credit and capital from Central and ... the top 'new' EU member is the Czech Republic, at 64.5 (24th). Coming close to the ...

  • Qatar Commercial Banking Report Q4 2009 - new report released 6 Nov 2009 14:35 GMT
    ... Qatar Commercial Banking Report Q4 2009 - a new market ... the region as the major Western European banks removing credit and capital from Central and ... the top ´new´ EU member is the Czech Republic, at 64.5 (24th). Coming close to the ...

  • Peru Commercial Banking Report Q4 2009 - new report released 6 Nov 2009 14:35 GMT
    ... Peru Commercial Banking Report Q4 2009 - a new market ... the region as the major Western European banks removing credit and capital from Central and ... the top ´new´ EU member is the Czech Republic, at 64.5 (24th). Coming close to the ...

  • South Africa Commercial Banking Report Q4 2009 - new report released 6 Nov 2009 14:35 GMT
    ... South Africa Commercial Banking Report Q4 2009 - a new market ... the region as the major Western European banks removing credit and capital from Central and ... the top ´new´ EU member is the Czech Republic, at 64.5 (24th). Coming close to the ...


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Markets

Exchange Rates: Czech Koruna
USD 1 = CZK 17.3360
EUR 1 = CZK 25.7396

Closing Stocks:
Prague PX: 1,135.10(-1.18%)

Country Info About Czech

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This Day in History

Nov. 8

Battle of White Mountain, Prague.
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British, French, German and Italian leaders decided to appease Adolf Hitler by allowing Nazi annexation of Czechoslovakia's Sudetenland.
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Thousands of East Germans who had sought refuge in West German embassies in Czechoslovakia and Poland began emigrating under an accord between Soviet bloc and NATO nations.
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Know a political, historical or cultural fact about The Czech Republic, which took place today? Send it in to the Central Europe History Editor.
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