Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Czech Banks Forecast GDP to Shrink 0.95 Percent This Year

Oct. 10 (Bloomberg) -- The Czech Banking Association forecast the domestic economy to decline 0.95 percent this year.

Gross domestic product will rise 0.45 percent next year, the banking association said today in Prague in an update of its economic forecast.

The association expects the total loan portfolio to rise 3.6 percent in 2012, even with the overall economic slowdown, it said.

To contact the reporter on this story: Lenka Ponikelska in Prague at

To contact the editor responsible for this story: James M. Gomez at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.