Competitiveness / Tax & Finance
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Czechs are using smart banking more and more, and visiting bank branches less and less
Three quarters of Czechs who use banking services use a smartphone
Banks are doing little to promote what they offer, so clients are switching to competitors for similar services
Czechs are open to making payments with their smart phones; more than one third would do so
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Czechs will Spend 174 Days Working to Pay Taxes as this Year’s Tax Freedom Day Falls on 23 June
This year, taxpayers in the Czech Republic will spend 174 days working to pay taxes, which is one day fewer than last year. According to Deloitte’s calculations, Tax Freedom Day will fall on 23 June 2019. Approximately the same as in the Czech Republic will apply to Germany and Slovenia. Taxpayers will have to spend the most days paying taxes to the government in France, while the fewest in Romania and Bulgaria.
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BNP Paribas Series on Green Finance
BNP Paribas expert talks about Green Finance in three short episodes.
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EY: Every third Czech would happily switch to a competitor offering better online financial services. Are banks ready for the digital banking revolution?
Banks aren’t innovative enough and are losing touch with clients
More than half of Czechs with a mortgage took it out somewhere other than their primary bank
A quarter of clients wouldn't hesitate to share more personal information with a financial services provider in exchange for better customized services
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Crowdberry: Crowdinvesting: invest, co-own and build global leaders out of Slovakia and Czech Republic
Crowdfunding has become increasingly popular over the past decade, yet it has been with us for centuries. The Statue of liberty in New York or the Czech National Theatre are both examples where communities funded an idea or a project. The latest innovation in crowdfunding is equity crowd investing allowing investors to invest in and own a share in privately held companies or real estate.
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