Czech Republic Interest Rates

Located in central Europe, the Czech Republic economy which has a population of 10.5 Million (Est 2011 Census) ranks 43rd in the world. This is estimated from IMF estimates which indicates that it has a GDP PPP of 284.952 billion and GDP PPP per capita of 27,062 vs 48,387 (United States) according to the IMF in 2011. Its currency is the Czech koruna (abbreviated CZK in FX) which is issued by its central bank, the Czech National Bank. Inflation estimates in the country are derived from the website indicating its inflation was 1.9% in 2011 and 1.5% in 2010.

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Czech Republic Bank Photos

Czech Republic Banks

Provider Branch Founded Ownership
Ceska Sporitelna Ceska Sporitelna 643 1825 Foreign
Komercni banka Komercni Banka 399 1990 Foreign
CSOB CSOB 249 1964 Local
Raiffeisen Bank Czech Republic Raiffeisen Bank Czech Republic 120 Foreign
UniCredit Bank Czech Republic UniCredit Bank Czech Republic 55 2007 Foreign
Citibank Czech Republic Citibank Czech Republic 6 1991 Foreign
HSBC Czech Republic HSBC Czech Republic 2 1997 Foreign

Czech Republic Discussion Activity

  • Ceska Sporitelna - Savings - Ceska Sporitelna Internet Savings Account
    Q: Am I reading this correctly ? Interest rate would be 10% per annum on about $41,000 USD for 2 year term period ?

    Reply Don from Sioux Falls, United States
    • R: Nope - - this is .10 percent or one tenth of one percent. Considering the rates of exchange and the fact that the Czech Koruna remains fairly stable against the US Dollar, you would yield very little with this account after accounting for currency transaction costs.

      Reply Peter