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Archive for January 28th, 2008

Czech mortgage market grew by 41 pct in 2007

According to the latest Local Development Ministry data mortgage banks on the Czech market granted 83,344 new mortgage loans worth over Kc142bn to individuals in 2007.
In Prague alone, mortgage banks provided 24,000 loans worth Kc54.5bn and in the second largest Czech city, Brno, Kc13.4bn worth of them.
Overall, the volume of mortgage loans granted to individuals, [...]