Absolute Loan Growth in Czechia by Bank

Loans increased by 0.834% qoq to CZK 3,958 bil during the second quarter of 2022. This implies an annual growth rate of 6.93% in the last 12 months. In the last decade, bank loans have grown by 5.38% a year on average.

Mortgage loans grew 8.80% yoy in the last 12 months and were up 0.673% qoq in the last quarter. At the end of June, mortgages formed 41.4% of total loans. Consumer loans increased 0.846% qoq (up 6.44% yoy) and represented 11.7% of total bank loans while corporate loans fell 0.112% qoq and were up 7.71% yoy to CZK 1,221 bil (or 30.8% of loans).

The comparison of 18 Czech banks shows Raiffeisen Stavebni Sporitelna has grown the fastest in relative terms within the last quarter (19.5%% qoq), followed by Trinity Bank and Banka Creditas. In absolute terms, however, Ceska Sporitelna grabbed the largest piece of the pie when compared to the previous quarter (CZK 24,835 mil or 75.9% of the market net increase) followed by CSOB and Komercni Banka.