PRAGUE (ČIA) – At the end of 2011 corporate debt totaled CZK 951.793 bln; it had totaled CZK 962.463 bln at the end of November. In December 2010 corporate debt totaled CZK 905.212 bln. This stems from data published by the Czech National Bank. According to PwC Audit partner and banking expert Petr Kříž, the increase in corporate debt hints at a slight recovery of the corporate loan market last year. The end of the year once again reminded of fears of another financial crisis.
English News
ČNB: Corporate debt reached CZK 952 bln
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