TNBiz (TNBiz)
Markets  |  July 31, 2012 11:35:06

Each of Bohemia owes an amount of CZK 107 848


PRAGUE (MEDIAFAX) - For every citizen of the Czech Republic for a debt of 107,848 crowns, household debt to banks and financial institutions in the CR to the end of June amounted to 1.1332 trillion crowns, representing a monthly increase of 4.24 billion crowns. On Tuesday informed about the Czech National Bank (CNB).

Year on year, household debt rose by 53.14 billion crowns (+4,92 percent). Business debt rose during April month on month by 1.28 billion to 964.55 billion crowns. Compared to June 2011 was about 31.21 billion crowns higher.

CNB provides statistics on the indebtedness of households and businesses each month in the National monetary survey. It is derived from the balance sheets of financial institutions in addition to central banks, commercial banks and branches of foreign banks in the Czech Republic, also include money market funds, and consumer creditteam. In June of household debt to banks and financial institutions in the Czech Republic amounted to 1.1279 trillion crowns.

Household debt with financial institutions to the end of May amounted to 1.1332 trillion crowns.

Czech National Bank is the central bank of the Czech Republic and the supervisor of the financial market. CNB's main objective is to maintain price stability. Inter alia, the CNB's monetary policy, issues banknotes and coins and manages the circulation.

Jan Soukup, soukupj@mediafax.cz

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Každý Čech dluží částku ve výši 107 848 korun

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