The volume of bad loans in the corporate and retail sectors have doubled since the beginning of the crisis in the Czech Republic. Lenders still expect the situation to worsen which could push the risk margins further up, writes the economic server E15. The downward trend in mortgage interest rates has already reversed, according to Hypoindex, reporting that the average rate has increased from 3.56 percent at the end of 2011 to the current level of 3.61 percent. The volume of problem mortgages hit CZK 25 bn.
