New loans in the economy
115
billion CZK
Current value
129
billion CZK
Last month's value
New loans in the economy
billion CZK
Comments
Is the unchanged CNB interest rate at 3.50% a sign of the coming bonanza or the calm before the storm?
Comment by Jaromír Šindel, Chief Economist of the CBA: The central bank did not surprise by unanimously leaving interest rates unchanged, i.e. with the two-week repo rate at 3.50%, for the fifth meeting in a row after a 25bp cut in May. Although the Board did not change its view of the risks and uncertainties surrounding the CNB's November forecast, it did assess the risks to inflation as balanced, given the risks in financial markets and the removal of the renewable energy levy, following November's upside assessment.
Banking statistics for August 2025
Commentary by Miroslav Zámečník, Chief Advisor of the Czech Banking Association
CBA Hypomonitor: Lower June rate to 4.56% brought a recovery in new mortgages
In June 2025, banks and building societies granted new mortgages worth CZK 29.4 billion.
CBA Hypomonitor: April stabilized strong mortgage rates at 4.65%
Despite the slight correction, April continued to see strong volumes of new mortgages supported by another slight decline in the average mortgage rate to 4.65%.
Banking statistics for March 2025
Commentary by Miroslav Zámečník, Chief Advisor of the Czech Banking Association