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Relative Deposit Growth in Czechia by Bank

Quarterly change in Customer Deposit (%)
Banking | Czechia | February 16, 2024
Excel Sheet

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.

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.

Trinity Bank appears to have grown the fastest in deposits in relative terms last quarter compared to the next bunch of Czech banks (309% qoq), followed by Banka Creditas and UniCredit Bank Czecho-Slovakia. In absolute terms, when compared to the previous quarter, however, most new deposits went to UniCredit Bank Czecho-Slovakia (CZK 94,826 mil) followed by MONETA Money Bank and Komercni Banka.