The rent-to-own concept is turning dreams of Czech property ownership into reality
A product new to the Czech market opens up the possibility of home ownership for those unable to obtain a mortgage loan.
Czech banks are adjusting interest rates: What does this mean for you?
Several banks in Czechia have decided to slightly drop their interest rates in response to the Czech central bank's decision to cut the base mortgage rate.
A compromise between cards and cash? Czech banks launch new payment system
The new tool which negates the need for a classic payment terminal, helps reduces fees for businesses and is open to all bank clients.
Czech National Bank removes major hurdle in securing a mortgage
An upcoming change will mean that, from 2024, people with higher levels of debt and lower incomes have a much higher chance of acquiring a mortgage.
EXPLAINED: How to transfer money via mobile number in Czechia
A newly launched service offered by the country’s largest banks streamlines the process of transferring money between accounts.
A team of IT experts in Prague is redefining the future of banking
Commerzbank’s Digital Technology Center in Prague demonstrates the importance of innovative technology to modern banking.
Paying for SMS verification: Czech banks to introduce fee to receive text
In a bid to promote their mobile applications, from November five major Czech banks will charge customers who use SMS-based authentication.
You'll soon be able transfer money via mobile phone in Czechia
A new project from the Czech National Bank will match bank accounts to phone numbers.
How to defeat inflation by unlocking lucrative investment opportunities in Czechia
Amid a plethora of financial services providers on the Czech market, one investment bank stands out for its innovative approach and proven profitability.
More Russian attacks on Czech banks: Hackers call for end of support to Ukraine
Among the affected institutions were Komerční banka, ČSOB, Air Bank, Fio banka, Raiffeisen, Moneta Money Bank, and the Prague Stock Exchange.
American Express canceling most of its remaining services in Czechia
The charge card company, mainly used by business travelers, is scaling back its international operations.
Czech National Bank removes major obstacle in acquiring a mortgage
The move follows in the footsteps of a devastating year for the Czech real estate market due to plummeting sales.
QR code payments gaining traction among tech-savvy young Czechs
Paying by mobile phone and using a fingerprint are also popular, and interest in multi-currency accounts is growing.
Czech Police find missing banker dead
The man walked out a Prague psychiatric hospital at the end of March and vanished after leaving a disturbing note at his residence.
No cause for panic, yet – Czech banks safe from European banking troubles
Strong liquidity and capitalization, combined with support from the Czech National Bank, safeguard banks against currently shaky European markets.
Constitutional right to pay in cash fails to get support in Czech Senate
A group of senators has been pushing for increased protection for people who want to live offline without payment cards or a digital identity.
Czech apartment prices fall for the first time since 2013
Prices fell in all regions across the country, but the quarter-on-quarter drop in Prague was the lowest.