CNB punished ČEZ: He withheld inside information that could have influenced the price of its shares. A wild bet on the renaissance of Chinese shares: The cheapest market in the world also attracted Czech investors. A shareholder left Saunia during a difficult time: He was in charge of the company’s expansion, he made the decision … Read more
The mystery of January inflation. The number can shock and destroy hopes for cheaper loans. Bullying the flip side of investment. The CNB deleted the list of non-transparent funds. The government faces a battle for logistics centers. He has developers and his own MPs against him. We’re unlocking three of this week’s hit articles and … Read more
On Wednesday, the Banking Council of the Czech National Bank (ČNB) eased the rules for granting mortgages. From January, banks will no longer have to apply the limit of the maximum amount of the applicant’s total debt to his annual income (DTI). The maximum ratio of the amount of the mortgage loan to the value … Read more
The largest pharmacy chain in the Czech Republic Dr. Max came out with an offer for investors. It enters the market with a package of bonds in the amount of two and a half billion crowns, with a possible increase of up to five billion. The pharmaceutical giant, which is part of the Penta financial … Read more
More and more people are abandoning the idea of building their own family home this year. Unfavorable mortgages, expensive building materials and unavailable craftsmen have caused a sharp drop in the number of newly started construction of single-family houses, which is comparable only to the cooling of the market in 2013. Until interest rates are … Read more
In the last few months, a Czech investor could use one completely trivial tactic to get money: Simply exchanging crowns for US dollars at the nearest exchange office was able to earn him almost ten percent since mid-July. That’s how much the dollar overtook the Czech currency in just three months. And so far there … Read more
“The drop in year-on-year inflation was such that not only inflation itself but also prices fell. So we have deflation for September. All of this was stronger than expected,” emphasizes Datarun economist Petr Bartoň. “When even the rise in fuel prices could not prevent deflation, it is certainly a strong signal for the central bank … Read more
After about thirteen years, the Czech Republic will experience an almost unexpected, but prayed-for phenomenon. In an optimistic scenario, the rate of inflation in the country will fall below the level of the Czech National Bank’s rates this month, i.e. below seven percent. At least for domestic banks, this will mean the de facto end … Read more
For up to three billion crowns, the financial group J&T, among other things, also goes after small investors. Through its subsidiary JTSEC CZ Financing 1, it offered investors a package of bonds, the sale of which the group intends to partially pay off the older debts of companies from the “family”. The Czech National Bank … Read more
The development of the consumer electronics market after market saturation during the covid-19 pandemic has the first significant victim in the Czech Republic. According to e15, the Japanese company Fujitsu will stop selling personal computers in our market. It continues with the business around servers and data centers. The ground is starting to burn under … Read more