Czech Republic
Czech Republic Interest Rates
| Deposit | up to: 0.30% | Feb, 2018 |
| Savings Accounts | up to: 0.20% | Feb, 2018 |
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 CIA.gov website indicating its inflation was 1.9% in 2011 and 1.5% in 2010.
Read MoreCzech Republic Bank Photos
Czech Republic Banks
| Provider | Branch | Founded | Ownership | ||
|---|---|---|---|---|---|
 |
Ceska Sporitelna +Follow | 643 | 1825 | Czech Republic | Foreign |
 |
Komercni Banka +Follow | 399 | 1990 | Czech Republic | Foreign |
 |
CSOB +Follow | 249 | 1964 | Czech Republic | Local |
 |
Raiffeisen Bank Czech Republic +Follow | 120 | Czech Republic | Foreign | |
 |
UniCredit Bank Czech Republic +Follow | 55 | 2007 | Czech Republic | Foreign |
 |
Citibank Czech Republic +Follow | 6 | 1991 | Czech Republic | Foreign |
 |
HSBC Czech Republic +Follow | 2 | 1997 | Czech Republic | Foreign |
Czech Republic Discussion Activity
Popular Providers
|
HSBC Czech Republic 0 follower | + Follow |
|
Raiffeisen Bank Czech Republic 0 follower | + Follow |
|
Citibank Czech Republic 0 follower | + Follow |
|
UniCredit Bank Czech Republic 0 follower | + Follow |
|
Ceska Sporitelna 0 follower | + Follow |
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 ?
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.