Compare Time Deposit Accounts in the Czech Republic

Updated on 27 June 2019

8 offers from 2 banks
Interest Rates: 0.00 - 1.20 % p.a.
Deposit Terms: 6 - 120 months
 Expobank
Austria
Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.75 - 1.15 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.75 %
Max. Interest Rate (p.a.)
1.15 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

In October 2014 Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule.

LBBW had acquired the Czech bank from Austrian company BAWAG P.S.K. in September 2008. Operating in the market since 1991, LBBW Bank CZ was a mid-size universal bank which offers products and services to private and corporate customers. The bank had around 360 employees and a total of 18 branches in the Czech Republic.

 J&T Banka
Europe
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.00 - 1.20 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.00 %
Max. Interest Rate (p.a.)
1.20 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. The bank’s activities are focused on private, investment, corporate and retail banking. The bank helps its clients to protect their assets, increase their value and pass them on to the next generations.

 J&T Banka
Switzerland
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.30 - 0.80 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.80 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. The bank’s activities are focused on private, investment, corporate and retail banking. The bank helps its clients to protect their assets, increase their value and pass them on to the next generations.

 Expobank
Germany
Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.75 - 1.15 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.75 %
Max. Interest Rate (p.a.)
1.15 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

In October 2014 Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule.

LBBW had acquired the Czech bank from Austrian company BAWAG P.S.K. in September 2008. Operating in the market since 1991, LBBW Bank CZ was a mid-size universal bank which offers products and services to private and corporate customers. The bank had around 360 employees and a total of 18 branches in the Czech Republic.

 J&T Banka
Austria
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.20 - 1.20 %
Deposit Term
9 - 84 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
1.20 %
Min. Deposit Term
9 months
Max. Deposit Term
84 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. The bank’s activities are focused on private, investment, corporate and retail banking. The bank helps its clients to protect their assets, increase their value and pass them on to the next generations.

 J&T Banka
Germany
Rating
n/a
Currency
EUR
Interest Rate (p.a.)
0.20 - 1.20 %
Deposit Term
9 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.20 %
Max. Interest Rate (p.a.)
1.20 %
Min. Deposit Term
9 months
Max. Deposit Term
120 months
Time Deposit Account Provider

J&T Banka, a.s. is a joint stock company incorporated on 13 October 1992 in the Czech Republic. The bank’s activities are focused on private, investment, corporate and retail banking. The bank helps its clients to protect their assets, increase their value and pass them on to the next generations.

 Expobank
Spain
Rating
 (3.3)
Currency
EUR
Interest Rate (p.a.)
0.90 - 1.14 %
Deposit Term
12 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.90 %
Max. Interest Rate (p.a.)
1.14 %
Min. Deposit Term
12 months
Max. Deposit Term
36 months
Time Deposit Account Provider
 (3.3)

In October 2014 Landesbank Baden-Württemberg (LBBW) sold its wholly owned subsidiary, LBBW Bank CZ a.s., to Russian Expobank LLC. With this sale, LBBW additionally reduced its portfolio of equity investments, thus satisfying a further divestment requirement under its EU restructuring plan on schedule.

LBBW had acquired the Czech bank from Austrian company BAWAG P.S.K. in September 2008. Operating in the market since 1991, LBBW Bank CZ was a mid-size universal bank which offers products and services to private and corporate customers. The bank had around 360 employees and a total of 18 branches in the Czech Republic.

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

Europe: This product is offered to the residents of the European Union.

Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Spain: This product is offered to Spanish residents only. When clicking on the product link you will be redirected to the product page in Spanish.

Time deposits accounts are interest-bearing deposit acoounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

The table above shows essential details of selected time deposit products offered to retail customers by the banks in the Czech Republic: currency, interest rate per annum and deposit term. The time deposit accounts terms vary from 6 month to 10 years (120 months). The interest rates are within the range 0.00 - 1.20 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in the Czech Republic.

Time deposit accounts made with credit institutions in the Czech Republic are covered by deposit guarantee scheme up to 100,000 EUR per depositor.

In February 2019, average annual deposit interest rate in local currency (Czech koruna) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was 1.36 %.

The Czech Republic's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aa2 (high grade).

See Also