Czech Republic: defaults rising

Data from the Credit Reporting System empowered by the Czech Credit Bureau – a company of the CRIF Group – show that 36 thousand people are delinquent for over 1 year while other 60 thousand people have gained a delay of over 3 months.

Influential Czech economists think that the value of credit at risk does not represent a critical issue and point out that this value is rising slower than that of the total lending amount.