Economics

Gross Domestic Product 2.1 % year-over-year Rise in Consumer Prices (Inflation) 1.8 % year-over-year Industrial Production 1.9 % year-over-year Trends in Gross Domestic Product 2.0 % year-over-year Wage Trends 8.1 % year-over-year (nominal) Monthly Changes in Consumer Prices (Inflation) 1.7 % YoY, total Post-COVID Recovery of Economic Activity 4.4 %yoy (June 2026) Unemployment 4.96 % (06-2026) Confidence Indicators 1.4 % year-over-year

The CNB is waiting for a new impetus and is counting on economic growth that is less inflationary Four Stories from June's Data: Energy, Exports, Wages, and Housing Starts July's inflation figures and June's retail sales give the CNB time, but not peace of mind Expect the CNB to hold in August—but keep a September hike to 4% on the radar The Czech economy picked up slightly, but growth remained below the CNB's forecast

Banking sector

Banking Sector Assets 11 911.00 billion CZK Number of employees 37 919 Number of Banks by Size 43 (total) Bank Profits in the Economy 128.76 billion CZK Profitability of the Banking Sector 1.12 % return on assets Capital Adequacy and the Role of Profit in It 23.14 % Net interest income 1.56 % of assets Interest income and expenses 45.65 billion CZK Interest Income in Banks' Profits 179.28 billion CZK

Two bank stress tests, one conclusion: the resilience of Czech banks Banking Statistics for June 2026 Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions CNB tightens banks' capital buffer. Responds to faster credit growth and new risks, including fiscal Banking statistics for March 2026

Loans and deposits

Loans and deposits

Loan Trends 9.2 % year-over-year Deposit Trends 4.8 % year-over-year Ratio of Non-Performing Loans 1.4 % New Loans in the Economy 156 billion CZK New Loans in the Economy: A Closer Look 98 billion CZK Interest Rates on New Loans 4.7 %

The CNB is waiting for a new impetus and is counting on economic growth that is less inflationary Two bank stress tests, one conclusion: the resilience of Czech banks Banking Statistics for June 2026 Expect the CNB to hold in August—but keep a September hike to 4% on the radar Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions

CBA Hypomonitor

CBA Hypomonitor

Number of new mortgages granted, excluding and including refinancing and loan increases 46 thousand; YTD Volume of Newly Granted Mortgages, Including and Excluding Refinancing and Top-Ups 215.9 billion CZK; YTD Average Interest Rate on New Mortgages 4.79 % Average Size of a New Mortgage 4.68 million CZK Illustrative Average Monthly Mortgage Payment 25 841 CZK Total Mortgage Volume for the Year 385 billion CZK

Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions CBA Hypomonitor: Higher Rates and Regulations Slowed Mortgage Growth, but the Market Remained Strong in June CBA Hypomonitor: A slight increase in the mortgage rate to 4.67% sustained solid activity in May CBA Hypomonitor: April also rewrote mortgage highs with still low rate of 4.52% Stronger wave of mortgage refixing, while the interest-rate shock eases. Higher inflation remains a risk.

Real estate prices

Real estate prices

Trends in Real Estate Asking Prices 12.9 % yoy Trends in Actual Prices of Older Apartments 14.5 % yoy Changes in actual apartment prices in Prague, % yoy 12.1 % yoy Prices of new and nearly new apartments and the number of transactions 9.4 % yoy Prices of older apartments and the number of transactions 9.2 % yoy Prices of apartments and single-family homes 4.7 % yoy Prices of New and Nearly New Apartments by Region 141.0 thousand CZK per m² Prices of Older Apartments by Regional Capital Cities 77.4 thousand CZK per m² Prices of Single-Family Homes by Regional Capital City 6.39 (price per house in millions of CZK)

High savings, rising property prices and little relief for the CNB Realized apartment prices are rising more slowly, but the regional markets have not yet cooled off Strong pace of growth in supply prices of flats also at the beginning of 2026 Stronger household incomes outpaced house price growth for six quarters House prices up 12 percent last year, rental housing up 10 percent in some regions

CBA Forecast

CBA Forecast: Gross Domestic Product 2.0 % year-over-year CBA Forecast: Consumer Prices (Inflation) 2.5 % year-over-year CBA Forecast: Average Wage 6.1 % year-over-year CBA Forecast: Unemployment 4.8 % CBA Forecast: CNB Interest Rate 3.50 % CBA Forecast: Exchange Rate Against the Euro 24.4 CZK/EUR

CBA Macroeconomic Forecast 2Q26 (Part 2): interview with Helena Horská CBA Macroeconomic Forecast 2Q26 (Part 1): interview with economist Petr Gapek MACROECONOMIC FORECAST OF THE CZECH REPUBLIC 2Q 26 CBA Macroeconomic Forecast 1Q26 (Part 2): interview with economist Pavel Sobíšek CBA Macroeconomic Forecast 1Q26 (Part 1): interview with economist Jan Vejmělek

Banking sector
Bank Profits in the Economy

Bank Profits in the Economy

128.76 billion CZK

Current value

1.49 % of GDP

Current value

Commentary by the Czech Banking Association (ČBA)

The annual total of banks’ after-tax profits in the first quarter of 2026 rose slightly to 1.49% of Czech GDP from 1.48% in the previous quarter. However, profitability is slightly lower than its annual total of 1.51% a year ago. The current profitability ratio roughly corresponds to the five-year pre-pandemic average (1.49%). Over the past five years, that is, since the first quarter of 2022, average annual profitability has stood at 1.41% of GDP. The banking sector achieved the highest profitability relative to GDP in 2012 at 1.56%, while the lowest ratio of 0.81% was recorded in 2020. The current profitability relative to GDP is above the long-term pre-COVID average of 1.43% from 2008–2019, which, however, does not include the pandemic-induced decline in profitability from 2020 to 2021 to 1.03% of GDP.

Bank Profits in the Economy

CZK billion and % of GDP, annual figures

CBA Monitor

You can hide a data set by clicking on the data set name in the chart legend.

Source of primary data

CNB Arad

Category

Banking Sector

Data frequency

quarterly

Note

Banks’ profit (loss) after taxes.
Profit in absolute terms is expressed as the annual sum of four consecutive quarters, and this sum is then expressed as a percentage of annual GDP.
The data also includes figures for banks and branches of foreign banks providing services in the Czech Republic, as well as figures for branches of banks operating abroad.

Related charts

Profitability of the Banking Sector
Number of employees

For download:

Comments

Two bank stress tests, one conclusion: the resilience of Czech banks

Two bank stress tests, one conclusion: the resilience of Czech banks

Jaromír Šindel 06. 08. 2026

The Czech National Bank has published two stress tests over the past two months, which at first glance yielded differing results. In the macro stress test from the June Financial Stability Report, the sector’s capital ratio fell to 15.8%, while in the August supervisory stress test, it rose to 18.4%. However, this is not a contradiction per se, but rather a consequence of their different purposes and methodologies. Both tests confirm that Czech banks would be able to weather even an exceptionally deep recession. Below, I analyze the four key differences between these tests.

Articles Archive