Czech banks earning 100 million crowns a day in charges

Figures released by the anti-bank-charge campaign group bankovnipoplatky.cz suggest that last year, Czechs paid around 36.5 billion crowns in bank charges – a figure which, reports suggest, amounts to 100 million crowns a day. The figures also suggest an increase in overall charges from 2006 by more than two and a half billion crowns. Bank charges remain deeply unpopular among most Czechs, although Czech banks continue to insist that they are necessary. This year saw the entrance into the Czech market of the first bank which does not charge its customers for basic services.