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Bank of China to open Czech branch

Branch will focus on cross border services for companies
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Bonds to yield minus 0.001 percent

ČR's state bonds sold today for 1st time with negative yield
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A year is a very long time in the stock market, and in October 2014, when AAC Holdings listed on the New York Stock Exchange, they could never have predicted that they'd quickly become one of the hottest stocks in the country.
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Kysilka stepping down at Česká spořitelna

New chairman of the board will take over in January 2016
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Czechs go insolvent in increasingly younger age

Overall number is dropping, but young people are on the rise due to loans
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Germany benefited from Greek crisis

‘There are signs that Germany used the extremely low interest rates to issue increasingly longer term bonds’
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Pride Business Forum says openness pays off

Keynote speaker Lord John Browne makes the case for coming out
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Greek stock market reacts sharply to bailout

Large drop was not unexpected, recovery has been slow
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EGAP readies for Iran deals

State-owned insurer starts preliminary evaluation of new exports to Iran
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O2’s net profit grows over 50 percent

Company announces first results since split
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The 2008 financial crisis highlighted weaknesses in the business models of many banks and lenders and also opened huge cracks in the balance sheets of national governments around the world, but most obviously in Europe.
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Erste Group forms CEE joint venture

Deal will cover Czech Republic, Romania and Slovakia
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Czechs paying bills faster

Payment discipline of Czech firms improves in H1
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Nothing for a rainy day

Quarter of Czechs have no reserves for sudden expenditures
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Driver Beware: Uber and the Oregon Insurance Gap

‘The atmosphere is one of caution as drivers and passengers may find themselves personally liable for damages’
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Investment company seeks big stake in NWR

Arca buying NWR shares to have at least 20 percent of stock
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Česká spořitelna opening social bank

New service will be aimed at people on fringes of society
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Brokerjet shutting down due to low interest

Online trading platform failed to meet expectations
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3 Kinds People Who Need Life Insurance

Life insurance isn’t something most people jump to set up.
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It’s so unromantic and there’s no subtle way of finding out. But its importance cannot be ignored because it will have a significant impact on your future.
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ČNB expects very low interest rates until end of 2016

Central bank says the risk of deflation has decreased since May
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Many spouses in dark about partner’s life insurance

Superstition about death keeps many from knowing they can collect money
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European cybercrime group dismantled

Group based in Ukraine was using Zeus and SpyEye malware to get bank details
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Photos: Police uncover counterfeit gold scam

Gold-coated tungsten rods were sold at a discount to gullible buyers
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ČEZ gets downgrade from Moody's

Spokesman: Downgrading not surprising due to electricity market conditions
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Dividends sent to foreign investors drops

Some 214 billion Kč was sent to foreign owners in 2014
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Czechs send record amount of money home

Remittances from abroad add up to 1.1 percent of GDP
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No bonuses for ČEZ management

Profit fell but dividend payments are to remain the same
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Household income up again

Income rises 2.1 percent after falling 5.2 percent in 2011–13
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O2 minority shareholders file suit over split

Majority owner PPF group voted to break up telecom operator
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