Customer Deposits in Czechia

Customer deposits increased 1.21% qoq to CZK 6,417 bil during the third quarter of 2022. This means an annual growth rate of 7.87%, which is above the average growth of 7.53% we have seen in deposits in the last decade.

As partly seen above, households deposits grew 0.685% qoq and 2.72% yoy in the last 12 months and represented 52.2% of total customer deposits at the end of September 2022. Corporate deposits increased by 6.41% qoq (or 11.1% yoy) and made up 21.9% of total while the remaining 25.9% comprised other deposits (to financial and public institutions) compared to 24.0% a year ago.