Financial corporations engaged in lending (financial leasing, hire purchase, consumer credit, factoring, forfaiting)
Commentary on the aggregated sectoral balance sheet as of 30 June 2018
Financial corporations engaged in lending had total assets of CZK 421.1 billion as of 30 June 2018, up by CZK 7.8 billion in quarter-on-quarter terms. Compared to 2017 Q2, total assets increased by CZK 20.8 billion (or 5.2 %) year on year.
The largest asset item was loans provided, totalling CZK 315.5 billion, of which CZK 304.8 billion was provided to residents. Compared to the previous quarter, total loans provided rose by CZK 7.6 billion in 2018 Q2. Loans also increased in year-on-year terms, by 5.8% (CZK 17.2 billion).
The largest part of loans provided to residents consisted of loans to non-financial corporations amounting to CZK 238.4 billion, i.e. 78.2% of loans to residents. Loans provided to non-financial corporations were up by CZK 5.4 billion compared to the previous quarter. In year-on-year terms, they rose by CZK 14.5 billion.
The second largest category of loans to residents consisted of loans to households, totalling CZK 64.2 billion. They were up by CZK 1.9 billion compared to the previous quarter. These loans accounted for 21.0% of loans provided to residents.
Balance sheet total - breakdown by asset items
Balance sheet total - breakdown by type of intermediaries
- Under Decree No. 314/2013 Coll., financial corporations engaged in lending are companies whose main or major business activity involves granting credit or loans or entering into agreements of a similar nature, for example financial leasing, factoring, consumer credit, hire purchase financing, etc.