Commentary on the main indicators
The total assets of the Czech banking sector stood at CZK 9,648 billion at the end of January 2023, up by CZK 705 billion month on month. Loans to residents are the predominant asset item. Their volume reached CZK 6,543 illion. Deposits of residents, which are the most important item among banking sector liabilities, totalled CZK 6,476 billion.
Chart 1 – Assets of the banking sector (CZK billions)
Chart 2 – Liabilities of the banking sector (CZK billions)
The volume of loans to resident households amounted to CZK 2,147 billion in January 2023 and increased by CZK 3 billion month on month. As regards the breakdown of loans to this sector by purpose, loans for house purchase were the largest item (CZK 1,675 billion in January 2023, up by 0.2% month on month). They accounted for 78% of the total volume of loans to households. The volume of non-performing loans amounted to CZK 27 billion in January. It had stood at this level since June 2022. The share of non-performing loans in the total volume of loans was 1.3%, i.e. the same as in the previous two periods.
Chart 3 – Loans to resident households by purpose (CZK billions) and the share of non-performing loans (%)
Turning to the structure of loans to resident non-financial corporations by original maturity (which totalled CZK 1,255 billion in January 2023, up by 1.5%, or CZK 19 billion month on month), long-term loans still have the largest share. The volume of long-term loans amounted to CZK 700 billion in January 2023 (56% of the total volume of loans to the sector). The volume of non-performing loans edged down to CZK 41 billion in January 2023. Their share in total loans declined by 0.1 percentage point to 3.3%.
Chart 4 – Loans to resident non-financial corporations by original maturity (CZK billions) and the share of non-performing loans (%)
- In January 2023, the banking statistics in the Czech Republic were compiled from the source statistics of 44 banks and foreign bank branches active in the Czech Republic (excluding the CNB).