Banks in Czechia by Mortgage Loans

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 and 24.4% of GDP. 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).

Overall, CSOB was the largest mortgage lender with 30.5% of the market followed by Ceska Sporitelna (with a 22.9% share ) and Hypotecni Banka (22.8%). Looking at the last 12 months, Air Bank gained the most in market share - 33.9 bp to 0.763% - compared to Raiffeisenbank Czech Republic's 27.3 bp (to 7.57%) and Raiffeisen Stavebni Sporitelna's 18.9 bp (a market share of 3.86%).

The combined trio of largest banks held 69.7% of outstanding mortgage loans in June 2022.